The earnings and weighted average common shares used in the computation of basic and diluted earnings per share are as follows for fiscal years ended 2024, 2023 and 2022 (in millions, except per share data):


	2024		2023		2022
Numerator:
Net income (loss)	$	822	$	(649)	$	3,249
Less: Net income (loss) attributable to noncontrolling interests	22		(1)		11
Net income (loss) attributable to Tyson	800		(648)		3,238
Less dividends declared:
Class A	563		554		539
Class B	124		122		117
Undistributed earnings (losses)	$	113	$	(1,324)	$	2,582

Class A undistributed earnings (losses)	$	92	$	(1,084)	$	2,122
Class B undistributed earnings (losses)	21		(240)		460
Total undistributed earnings (losses)	$	113	$	(1,324)	$	2,582

Denominator:
Denominator for basic earnings (loss) per share:
Class A weighted average shares	284		284		290
Class B weighted average shares	70		70		70

Denominator for diluted earnings (loss) per share:
Class A weighted average shares	284		284		290
Class B weighted average shares under if-converted method for diluted earnings (loss) per share(a)	70		—		70
Effect of dilutive securities: Stock options, restricted stock and performance units	2		—		3


Denominator for diluted earnings (loss) per share – weighted average shares and assumed conversions(a)	356		284		363

Net income (loss) per share attributable to Tyson:
Class A Basic	$	2.31	$	(1.87)	$	9.18
Class B Basic	$	2.06	$	(1.68)	$	8.25
Diluted(a)	$	2.25	$	(1.87)	$	8.92
Dividends Declared Per Share:
Class A	$	1.970	$	1.940	$	1.855
Class B	$	1.773	$	1.746	$	1.670

(a) For fiscal 2023, as the Company was in a net loss position, the impact of the Class B shares under the if-converted method was antidilutive and therefore we have not assumed conversion. As a result, the Class B weighted average shares, dividends declared and undistributed losses were excluded for the purposes of calculating Net Income (Loss) Per Share Attributable to Tyson on a diluted basis.

We have two classes of capital stock, Class A stock and Class B stock. Cash dividends cannot be paid to holders of Class B stock unless they are simultaneously paid to holders of Class A stock. The per share amount of cash dividends paid to holders of Class B stock cannot exceed 90% of the cash dividends paid to holders of Class A stock.

We allocate undistributed earnings (losses) based upon a 1 to 0.9 ratio per share to Class A stock and Class B stock, respectively. We allocate undistributed earnings (losses) based on this ratio due to historical dividend patterns, voting control of Class B shareholders and contractual limitations of dividends to Class B stock.