Earnings (Losses) Per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings (Losses) Per Share

Reconciliation of the numerators and denominators of the basic and diluted earnings (losses) per share computations

A reconciliation of the numerators and denominators of the basic and diluted earnings (losses) per share computations is as follows:

	Year Ended December 31,
	2024		2023		2022
	(In thousands, except per share amounts)
BASIC EPS:
Net income (loss) (numerator):
Income (loss), net of tax	$	(87,987)	$	49,904	$	(307,218)
Less: net (income) loss attributable to noncontrolling interest		(88,097)		(61,688)		(43,043)
Less: deemed dividends to SPAC public shareholders		—		(8,638)		—
Less: accrued distribution on redeemable noncontrolling interest in subsidiary		(29,723)		(29,824)		(10,324)
Numerator for basic earnings per share:
Adjusted income (loss), net of tax - basic	$	(205,807)	$	(50,246)	$	(360,585)
Weighted-average number of shares outstanding - basic		9,202		9,159		8,898
Earnings (losses) per share:
Total Basic	$	(22.37)	$	(5.49)	$	(40.52)
DILUTED EPS:
Adjusted income (loss), net of tax - diluted	$	(205,807)	$	(50,246)	$	(360,585)
Weighted-average number of shares outstanding - diluted		9,202		9,159		8,898
Earnings (losses) per share:
Total Diluted	$	(22.37)	$	(5.49)	$	(40.52)

Potentially dilutive securities excluded as anti-dilutive

The average number of shares from options and shares related to outstanding Warrants that were excluded from diluted earnings (losses) per share that would potentially dilute earnings per share in the future were as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
	(In thousands)
Potentially dilutive securities excluded as anti-dilutive		3,388		3,381		3,369