Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2025

The calculation of earnings per share is based on the weighted-average number of the Company’s shares outstanding for the applicable period. The calculation of diluted earnings per share reflects the effect of all potentially dilutive shares that were outstanding during the respective periods, unless the effect of doing so is antidilutive. The Company uses the treasury stock

method to calculate the dilutive effect of outstanding share-based compensation awards. The number of weighted-average shares outstanding used in the computations of basic and diluted earnings (loss) per share are as follows.


	For the Three Month Period Ended June 30,		For the Six Month Period Ended June 30,
	2025	2024	2025	2024


Weighted-average shares outstanding - Basic	400.5	403.5	401.8	403.5
Dilutive effect of outstanding share-based compensation awards	—	3.9	3.1	4.2
Weighted-average shares outstanding - Diluted	400.5	407.4	404.9	407.7

For the three month period ended June 30, 2025, 6.8 million of potentially dilutive stock-based awards were not included in the computation of diluted loss per share as we incurred a net loss during the period. For the three month period ended June 30, 2024, 0.6 million of anti-dilutive shares were not included in the computation of diluted earnings per share. For the six month periods ended June 30, 2025 and June 30, 2024, 1.2 million and 0.4 million of anti-dilutive shares were not included in the computation of diluted earnings per share, respectively.