EARNINGS (LOSS) PER COMMON SHARE

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER COMMON SHARE

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, 2024, 2023 and 2022, 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, 2024, 2023 and 2022 (amounts in thousands, except per share amounts):

 

	Year Ended December 31,
	2024		2023		2022
Numerator:
Net income (loss) attributable to CareTrust REIT, Inc.	$	125,080	$	53,735	$	(7,506)
Less: Net income allocated to participating securities	(445)		(400)		(440)
Numerator for basic and diluted earnings available to common stockholders	$	124,635	$	53,335	$	(7,946)
Denominator:
Weighted-average basic common shares outstanding	154,795		105,956		96,703
Dilutive potential common shares - performance stock awards	372		164		—
Dilutive potential common shares - forward equity agreements	—		32		—
Weighted-average diluted common shares outstanding	155,167		106,152		96,703
Earnings (loss) per common share attributable to CareTrust REIT, Inc., basic	$	0.81	$	0.50	$	(0.08)
Earnings (loss) per common share attributable to CareTrust REIT, Inc., diluted	$	0.80	$	0.50	$	(0.08)
Antidilutive unvested restricted stock awards, total shareholder units, performance awards, and forward equity shares excluded from the computation	553		475		744