Schedule of Earnings Per Share, Basic and Diluted |
The following table shows the computation of basic and diluted earnings per share (in thousands, except per share amounts):
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2024 |
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2023 |
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2024 |
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2023 |
Income (loss): |
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Net income (loss) attributable to Bristow Group Inc. |
$ |
28,157 |
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$ |
(1,637) |
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$ |
34,762 |
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$ |
(3,159) |
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Shares of common stock: |
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Weighted average shares of common stock outstanding – basic |
28,476 |
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28,058 |
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28,404 |
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28,021 |
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Net effect of dilutive stock |
986 |
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— |
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930 |
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— |
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Weighted average shares of common stock outstanding – diluted(1)
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29,462 |
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28,058 |
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29,334 |
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28,021 |
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Earnings (losses) per common share - basic |
$ |
0.99 |
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$ |
(0.06) |
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$ |
1.22 |
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$ |
(0.11) |
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Earnings (losses) per common share - diluted |
$ |
0.96 |
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$ |
(0.06) |
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$ |
1.19 |
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$ |
(0.11) |
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(1)Excludes weighted average shares of common stock of 34,265 and 2,115,069 for the three months ended June 30, 2024 and 2023, respectively, and 150,114 and 1,953,633 for the six months ended June 30, 2024 and 2023, respectively, for certain share awards as the effect of their inclusion would have been antidilutive.
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