Three Months Ended September 30,

Nine Months Ended September 30,

2023

2022

2023

2022

Numerator:

Net income attributable to NOW Inc.

$

35

$

40

$

100

$

96

Less: net income attributable to participating securities

(1

)

(1

)

(2

)

(1

)

Net income attributable to NOW Inc. stockholders

$

34

$

39

$

98

$

95

Denominator:

Weighted average basic common shares outstanding

106,983,920

110,863,381

107,765,405

110,747,087

Effect of dilutive securities

1,134,399

569,398

1,074,137

363,754

Weighted average diluted common shares outstanding

108,118,319

111,432,779

108,839,542

111,110,841

Earnings per share attributable to NOW Inc. stockholders:

Basic

$

0.32

$

0.35

$

0.91

$

0.85

Diluted

$

0.32

$

0.35

$

0.90

$

0.85