Orion SA
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
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Earnings Per Share
Note H. Earnings Per Share
Basic earnings per share (“EPS”) is computed by dividing Net income (loss) attributable to Orion by the weighted average number of common stock outstanding during the period. Diluted EPS equals Net income (loss) attributable to Orion divided by the weighted average number of common stock outstanding during the period, adjusted for the dilutive effect of our stock–based and other equity compensation awards.
The following table reflects the income and share data used in the basic and diluted EPS computations:
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In millions, except share and per share data) | ||||
| Net income (loss) attributable to ordinary equity holders | $(20.2) | $26.2 | $27.0 | $98.6 |
| Weighted average number of Common stock (in thousands) | 58,191 | 58,572 | 58,406 | 59,284 |
| Basic Earnings (loss) per share | $(0.35) | $0.45 | $0.46 | $1.66 |
| Dilutive effect of share based payments (in thousands) | 547 | 680 | 536 | 650 |
| Weighted average number of diluted Common stock (in thousands) | 58,738 | 59,252 | 58,942 | 59,934 |
| Diluted Earnings (loss) per share | $(0.35) | $0.44 | $0.46 | $1.65 |
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