Earnings Per Share of Common Stock

3 Months Ended

Mar. 31, 2024

Note 6. Earnings Per Share of Common Stock

The following table sets forth the reconciliations of the numerators and denominators of the Company’s basic and diluted earnings per share (“EPS”) calculations for the three months ended March 31, 2024 and 2023.


	Three Months Ended March 31,
	2024		2023
Numerator:
Net income attributable to Chemours	$	52	$	145
Denominator:
Weighted-average number of common shares outstanding - basic		149,035,200		148,997,084
Dilutive effect of the Company’s employee compensation plans		1,015,169		2,182,181
Weighted-average number of common shares outstanding - diluted		150,050,369		151,179,265

Basic earnings per share of common stock (1)	$	0.35	$	0.97
Diluted earnings per share of common stock (1)		0.34		0.96

(1)

Figures may not recalculate exactly due to rounding. Basic and diluted earnings per share are calculated based on unrounded numbers.

The following table sets forth the average number of stock options and performance stock options that were out of the money and, therefore, were not included in the Company’s diluted EPS calculations for the three months ended March 31, 2024 and 2023.


	Three Months Ended March 31,
	2024		2023
Average number of stock options		1,356,452		1,143,489