Earnings Per Share

6 Months Ended

Jun. 30, 2025

NOTE 4: EARNINGS PER SHARE

As a result of the 103-for-one stock split and the Restructuring Transactions, the 281,211,630 shares of the Company’s Common Stock held were distributed to former holders of Class A-1 Units and Class A-2 Units of Dynasty Parent Holdings, L.P. in an aggregate of 275,053,375 shares of Common Stock (of which 8,157 were restricted shares), and also to holders of Class B Units of Dynasty Parent Holdings, L.P. in an aggregate of 6,158,255 shares of Common Stock (of which 6,028,394 were restricted shares). For purposes of the computation of earnings (loss) per share this distribution represented a net 100.79-for-one stock split of the Company’s Common Stock which is retroactively adjusted for all periods presented.

The following table summarizes the computation of basic and diluted net income per share attributable to the stockholders:


	Three months ended June 30,				Six months ended June 30,
	2025		2024		2025		2024
	(in thousands, except per share amounts)
Numerator for earnings per share:
Net income	$	67,713	$	5,404	$	130,656	$	8,591

Denominator for earnings per share:
Weighted average common shares - basic		328,445		275,175		328,442		275,175
Dilutive effect of stock options and restricted stock awards		5,855		—		5,785		—
Weighted average shares - diluted		334,300		275,175		334,227		275,175

Earnings per share:
Basic earnings per share	$	0.21	$	0.02	$	0.40	$	0.03
Diluted earnings per share	$	0.20	$	0.02	$	0.39	$	0.03

The Company has 5,950,306 contingently issuable shares of Common Stock that are issuable upon the Company’s completion of a liquidity event, which has not occurred as of June 30, 2025. These shares are excluded from weighted average common shares - basic, but included in the calculation of the dilutive effect of stock options and restricted stock awards. Anti-dilutive shares of 0.6 million and 0.5 million for the three and six months ended June 30, 2025 respectively, were excluded from the calculation of the dilutive effect of

stock options and restricted stock awards. See the Company’s 2024 Form 10-K, Note 19, Stock Based Compensation for further information.

StandardAero, Inc. 10-Q