Earnings Per Share (“EPS”) (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of Reconciliation of Income (Loss) and Computation of Earnings per Share

The following table provides a reconciliation of income (loss) from continuing operations to net income (loss) from continuing operations available to A&B common shareholders and net income (loss) available to A&B common shareholders (in thousands):

	Three Months Ended March 31,
	2025		2024
Income (loss) from continuing operations	$	21,294	$	20,238
Distributions and allocations to participating securities	—		(8)
Income (loss) from continuing operations available to A&B shareholders	21,294		20,230
Income (loss) from discontinued operations	139		(256)
Net income (loss) available to A&B common shareholders	$	21,433	$	19,974

The number of shares used to compute basic and diluted earnings per share is as follows (in thousands):

	Three Months Ended March 31,
	2025	2024
Denominator for basic EPS - weighted average shares outstanding	72,683	72,545
Effect of dilutive securities:
Restricted stock unit awards	137	121
Denominator for diluted EPS - weighted average shares outstanding	72,820	72,666

Schedule of Antidilutive Securities Outstanding

The number of anti-dilutive securities, excluded from the calculation of diluted earnings per common share, consisted of the following (in thousands):

	Three Months Ended March 31,
	2025	2024
Number of anti-dilutive securities	66	100