EARNINGS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of Reconciliation of Weighted-Average Common Shares Outstanding Used in Calculation of Basic EPS to Diluted EPS

The following table presents the calculation of basic and diluted earnings per common share attributable to CareTrust REIT, Inc. (“EPS”) for the Company’s common stock for the three months ended March 31, 2025 and 2024, 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 (dollars and shares in thousands, except per share amounts):

 

	For the Three Months Ended March 31,
	2025		2024
Numerator:
Net income attributable to CareTrust REIT, Inc.	$	65,802	$	28,746
Less: Net income allocated to participating securities	(183)		(96)
Numerator for basic and diluted earnings available to common stockholders	$	65,619	$	28,650
Denominator:
Weighted-average basic common shares outstanding	187,152		132,836
Dilutive potential common shares - TSR Units	264		366
Weighted-average diluted common shares outstanding	187,416		133,202
Earnings per common share attributable to CareTrust REIT, Inc., basic	$	0.35	$	0.22
Earnings per common share attributable to CareTrust REIT, Inc., diluted	$	0.35	$	0.22
Antidilutive unvested RSAs excluded from the computation(1)	545		330

(1)For the three months ended March 31, 2025 and 2024, RSAs are antidilutive.