Net and Comprehensive Income per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

Basic and diluted net and comprehensive income per share for the nine and three months ended September 30, 2022 and 2021, is as follows (amounts in thousands except share and per share data):

	Nine months ended September 30,				Three months ended September 30,
	2022		2021		2022		2021
Numerator
Net and comprehensive income	$	89,633	$	30,276	$	36,936	$	14,228
Less: Net and comprehensive income attributable to noncontrolling interest	—		17,499		—		8,231
Net and comprehensive income attributable to Arhaus, Inc.	$	89,633	$	12,777	$	36,936	$	5,997
Denominator—Weighted Average Shares Outstanding
Weighted-average number of common shares outstanding, basic	137,939,577		112,058,742		138,484,495		112,058,742
Effect of dilutive restricted stock (1)	1,606,225		—		1,360,838		—
Weighted-average number of common shares outstanding, diluted	139,545,802		112,058,742		139,845,333		112,058,742
Net and Comprehensive Income Per Share
Net and comprehensive income per share, basic	$	0.65	$	0.11	$	0.27	$	0.05
Net and comprehensive income per share, diluted	$	0.64	$	0.11	$	0.26	$	0.05

(1) During the nine and three months ended September 30, 2022, 594,312 and 546,164 shares of unvested restricted stock were excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive.