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Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted earnings per share of common stock for the three months ended March 31, 2024 and 2023 have been computed as follows (in thousands, except share and per share amounts):

									Three Months Ended March 31,
Numerator:															2024						2023
Net income (loss) attributable to Brilliant Earth Group, Inc., BASIC															$	139					$	(52)
Add: Net income (loss) impact from assumed redemption of all LLC Units to common stock															928						(388)
(Less) add: Income tax (expense) benefit on net income (loss) attributable to NCI															(237)						100
Net income (loss) attributable to Brilliant Earth Group, Inc., after adjustment for assumed conversion, DILUTED															$	830					$	(340)
Denominator:
Weighted average shares of common stock outstanding, BASIC															12,736,014						11,387,936
Dilutive effects of:
Vested LLC Units that are exchangeable for common stock															84,821,000						—
Unvested LLC Units that are exchangeable for common stock															102,040						—
RSUs															191,234						—
Weighted average shares of common stock outstanding, DILUTED															97,850,288						11,387,936
BASIC earnings per share															$	0.01					$	0.00
DILUTED earnings per share															$	0.01					$	0.00

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table presents potentially dilutive securities that have been excluded from the computations of earnings per share because such impact would have been anti-dilutive for three months ended March 31, 2024 and 2023:

									Three Months Ended March 31,
															2024						2023
RSUs															3,062,750						3,326,439
Stock options															750,420						832,152
Vested LLC Units															—						84,617,787
Unvested LLC Units															18,290						575,208

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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