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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS attributable to our Class A shares for the period from July 1, 2024 to December 31, 2024, which represents the period subsequent to the IPO.

(in thousands, except for share and per share amounts)

 

Period of July 1 - December 31, 2024

 

Numerator

 

 

 

Net income

 

$

5,398

 

Less: Net income attributable to noncontrolling interest

 

 

288

 

Net income attributable to LandBridge Company LLC

 

 

5,110

 

Less: Earnings allocated to participating securities

 

 

198

 

Basic net income attributable to LandBridge Company LLC

 

$

4,912

 

Plus: Net income attributable to noncontrolling interest

 

 

288

 

Plus: Undistributed earnings reallocation adjustment to participating securities

 

 

90

 

Diluted net income attributable to shareholders

 

$

5,290

 

 

 

 

Denominator

 

 

 

Basic weighted average shares outstanding

 

 

17,807,323

 

Dilutive Class B shares outstanding

 

 

55,562,750

 

Diluted weighted average shares outstanding

 

 

73,370,073

 

 

 

 

Basic net income per share of Class A shares

 

$

0.28

 

Diluted net income per share of Class A shares

 

$

0.07