Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2026

Earnings (Loss) Per Share [Abstract]

NOTE 6 – EARNINGS (LOSS) PER SHARE

Basic earnings per share (“EPS”) is calculated by dividing the net income attributable to our Company by the weighted average number of common shares outstanding during the period. Diluted EPS is calculated by dividing the net income attributable to our Company by the weighted average number of common and common equivalent shares outstanding during the period and is calculated using the treasury stock method for equity-based compensation awards.

The following table sets forth the computation of basic and diluted EPS and a reconciliation of the weighted average number of common and common equivalent shares outstanding:



	Quarter Ended				Six Months Ended
	June 30,				June 30,
(Dollars in thousands, except share data)	2026		2025		2026		2025
Numerator:
Net income (loss) attributable to Reading International, Inc.	$	2,270	$	(2,667)	$	(5,877)	$	(7,423)
Denominator:
Weighted average number of shares of common stock – basic		22,757,618		22,708,206		22,738,180		22,586,019
Weighted average dilutive impact of awards		1,084,887		—		—		—
Weighted average number of shares of common stock – diluted		23,842,505		22,708,206		22,738,180		22,586,019
Basic earnings (loss) per share	$	0.10	$	(0.12)	$	(0.26)	$	(0.33)
Diluted earnings (loss) per share	$	0.10	$	(0.12)	$	(0.26)	$	(0.33)
Awards excluded from diluted earnings (loss) per share		3,949,445		3,696,662		3,949,445		3,696,662

Our weighted average number of shares of common stock - basic increased, primarily as a result of the vesting of restricted stock units. We did not repurchase any shares of Class A Common Stock during the first six months of 2026 or 2025.

Outstanding awards of 3,949,445 shares for the six months ended June 30, 2026 and 3,696,662 shares for the quarter and six months ended June 30, 2025 were excluded from the computation of dilutive shares, as they were anti-dilutive because of the net loss from continuing operations.