Getty Images Holdings, Inc. Earnings Per Share Disclosure
| Year end December 31, | |||||||||||||||||
| 2024 | 2023 | 2022 | |||||||||||||||
| NET INCOME (LOSS) | $ | 39,472 | $ | 19,577 | $ | (77,643) | |||||||||||
| Less: | |||||||||||||||||
| Net income (loss) attributable to noncontrolling interest | (61) | 238 | (89) | ||||||||||||||
| Premium on early redemption of Redeemable Preferred Stock | — | — | 26,678 | ||||||||||||||
| Redeemable Preferred Stock dividend | — | — | 43,218 | ||||||||||||||
| NET INCOME (LOSS) ATTRIBUTABLE TO GETTY IMAGES HOLDINGS, INC. - Basic | $ | 39,533 | $ | 19,339 | $ | (147,450) | |||||||||||
| Weighted-average Class A common stock outstanding: | |||||||||||||||||
| Basic | 409,144,863 | 399,037,805 | 276,942,660 | ||||||||||||||
| Effect of dilutive securities | 5,725,938 | 12,457,220 | — | ||||||||||||||
| Diluted | 414,870,801 | 411,495,025 | 276,942,660 | ||||||||||||||
| Net income (loss) per share of Class A common stock attributable to Getty Images Holdings, Inc. common stockholders: | |||||||||||||||||
| Basic | $ | 0.10 | $ | 0.05 | $ | (0.53) | |||||||||||
| Diluted | $ | 0.10 | $ | 0.05 | $ | (0.53) | |||||||||||
| December 31, | |||||||||||||||||
| 2024 | 2023 | 2022 | |||||||||||||||
| Common stock options | 5,173,148 | 4,424,674 | 29,934,987 | ||||||||||||||
| Restricted stock units | 5,325,324 | 2,335,684 | 4,367,413 | ||||||||||||||
| 10,498,472 | 6,760,358 | 34,302,400 | |||||||||||||||
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.