Earnings per Share

6 Months Ended

Jun. 30, 2024

Note 10 - Earnings per Share

Basic earnings per share is based on the weighted average number of shares outstanding and excludes the dilutive effect of common stock equivalents. Diluted earnings per share is based on the weighted average number of shares outstanding and includes the dilutive effect of common stock equivalents to the extent they are not anti-dilutive.

Diluted income (loss) per share of Class A common stock adjusts basic loss per share for the potentially dilutive impact of stock options.

The following table sets forth the computation of basic and diluted income (loss) per share of Class A common stock:


	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per share amounts)	2024		2023		2024		2023
Net income (loss)	$	3,689	$	(4,277)	$	17,276	$	(1,074)
Less:
Net (loss) income attributable to non-controlling interest	(158)		(214)		(26)		293


Net income (loss) attributable to Getty Images Holdings, Inc. - Basic	$	3,847	$	(4,063)	$	17,302	$	(1,367)




Weighted-average Class A common stock outstanding:
Basic	408,989,273		397,417,290		407,312,262		396,368,132
Effect of dilutive securities	5,449,966		—		7,354,101		—
Diluted	414,439,239		397,417,290		414,666,363		396,368,132
Net income (loss) per share of Class A common stock attributable to Getty Images Holdings, Inc. common stockholders:
Basic	$	0.01	$	(0.01)	$	0.04	$	—
Diluted	$	0.01	$	(0.01)	$	0.04	$	—

As the Company had a net loss for the three and six months ended June 30, 2023, the diluted net loss per share does not include 38.3 million in equity-based compensation awards as their effect would have been anti-dilutive.