Earnings (Loss) per common share

12 Months Ended

Dec. 31, 2023

EARNINGS (LOSS) PER COMMON SHARE

The following table presents the calculation of basic and diluted earnings (loss) per common share attributable to CareTrust REIT, Inc. (“EPS”) for the Company’s common stock for the years ended December 31, 2023, 2022 and 2021, and reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the years ended December 31, 2023, 2022 and 2021 (amounts in thousands, except per share amounts):


	Year Ended December 31,
	2023		2022		2021
Numerator:
Net income (loss) attributable to CareTrust REIT, Inc.	$	53,735	$	(7,506)	$	71,982
Less: Net income allocated to participating securities	(400)		(440)		(507)
Numerator for basic and diluted earnings available to common stockholders	$	53,335	$	(7,946)	$	71,475
Denominator:
Weighted-average basic common shares outstanding	105,956		96,703		96,017
Dilutive potential common shares - performance stock awards	164		—		75
Dilutive potential common shares - forward equity agreements	32		—		—
Weighted-average diluted common shares outstanding	106,152		96,703		96,092

Earnings (loss) per common share attributable to CareTrust REIT, Inc., basic	$	0.50	$	(0.08)	$	0.74
Earnings (loss) per common share attributable to CareTrust REIT, Inc., diluted	$	0.50	$	(0.08)	$	0.74
Antidilutive unvested restricted stock awards, total shareholder units, performance awards, and forward equity shares excluded from the computation	475		744		591