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COMPUTATION OF NET INCOME PER COMMON SHARE
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
COMPUTATION OF NET INCOME PER COMMON SHARE COMPUTATION OF NET INCOME PER COMMON SHARE
Basic net income per share is calculated by dividing net income attributable to the common stockholders by the weighted-average shares of Common Stock outstanding for the period. The computation of diluted net income per share is similar to the computation of basic net income per share, except that the denominator is increased to include the number of additional shares of common stock that would have been outstanding if the dilutive potential shares of common stock had been issued, which are comprised of restricted stock units using the treasury stock method.
A reconciliation of the numerator and denominator used in the calculation of basic net income per common share follows:
Year Ended December 31,
202420232022
Numerator:
Net income$55,344 $112,882 $150,496 
Less: net (loss) income attributable to noncontrolling interest(416)8 — 
Net income attributable to PACS Group, Inc.$55,760 $112,874 $150,496 
Denominator:
Weighted average common shares outstanding146,663,371 128,723,386 128,723,386 
Basic net income per common share$0.38 $0.88 $1.17 
A reconciliation of the numerator and denominator used in the calculation of diluted net income per common share follows:
Year Ended December 31,
202420232022
Numerator:
Net income$55,344 $112,882 $150,496 
Less: net (loss) income attributable to noncontrolling interest(416)8 — 
Net income attributable to PACS Group, Inc.$55,760 $112,874 $150,496 
Denominator:
Weighted average common shares outstanding146,663,371 128,723,386 128,723,386 
Plus: effect of diluted shares
1,911,235 — — 
Adjusted weighted average common shares outstanding148,574,606 128,723,386 128,723,386 
Diluted net income per common share$0.38 $0.88 $1.17