Schedule of Earnings Per Share, Basic and Diluted |
The following table presents basic and diluted earnings (loss) per share for each of the years ended December 31, 2023, December 31, 2022 and December 31, 2021: | | | | | | | | | | | | | | | | | | | Year Ended | | December 31, 2023 | | December 31, 2022 | | December 31, 2021 | | | | | | | | (U.S. Dollars and shares in thousands, except per share amounts) | Income from continuing operations | $ | 177,527 | | | $ | 168,230 | | | $ | 37,561 | | Less: Net income attributable to noncontrolling interests | (31,646) | | | (25,287) | | | (24,212) | | Income from continuing operations attributable to Dole plc | 145,881 | | | 142,943 | | | 13,349 | | Loss from discontinued operations, net of income taxes | (21,818) | | | (56,447) | | | (20,568) | | Net income (loss) attributable to Dole plc | $ | 124,063 | | | $ | 86,496 | | | $ | (7,219) | | | | | | | | Weighted average number of shares outstanding: | | | | | | Weighted average number of shares – basic | 94,917 | | | 94,886 | | | 72,190 | | Effect of share awards with a dilutive effect | 201 | | | 28 | | | 194 | | Weighted average number of shares – diluted | 95,118 | | | 94,914 | | | 72,384 | | | | | | | | Income (loss) per share: | | | | | | Basic: | | | | | | Continuing operations | $ | 1.54 | | | $ | 1.51 | | | $ | 0.18 | | Discontinued operations | (0.23) | | | (0.60) | | | (0.28) | | Net income (loss) per share attributable to Dole plc | $ | 1.31 | | | $ | 0.91 | | | $ | (0.10) | | Diluted: | | | | | | Continuing operations | $ | 1.53 | | | $ | 1.51 | | | $ | 0.18 | | Discontinued operations | (0.23) | | | (0.60) | | | (0.28) | | Net income (loss) per share attributable to Dole plc | $ | 1.30 | | | $ | 0.91 | | | $ | (0.10) | |
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