Reconciliation of Basic and Diluted Shares

3 Months Ended

Mar. 31, 2024

Reconciliation of Basic and Diluted Shares


	Three Months Ended
	March 31
(In thousands, except per share amounts)	2024		2023
Income (loss) from continuing operations attributable to Enviri Corporation common stockholders	$	(16,857)	$	(8,377)
Weighted-average shares outstanding:
Weighted-average shares outstanding - basic	79,945		79,633
Dilutive effect of stock-based compensation	—		—
Weighted-average shares outstanding - diluted	79,945		79,633

Earnings (loss) from continuing operations per common share, attributable to Enviri Corporation common stockholders:
Basic	$	(0.21)	$	(0.11)

Diluted	$	(0.21)	$	(0.11)

The following average outstanding stock-based compensation units were not included in the computation of diluted earnings (loss) per share because the effect was either antidilutive or the market conditions for the performance share units were not met:


	Three Months Ended
	March 31
(In thousands)		2024	2023
Restricted stock units		1,686	1,000

Stock appreciation rights		2,890	2,473
Performance share units		1,880	1,394

ENVIRI Corp 10-Q