Earnings (Loss) Per Share (Tables)

3 Months Ended

Dec. 31, 2022

Summary of Earnings Per Share, Basic and Diluted

A reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings (loss) per share of Class A common stock is as follows:


	Three Months Ended December 31,
	2022		2021
	(in thousands, except shares and per share data)
Numerator - basic:
Net loss	$	(113,891)	$	(74,553)
Less: Net loss attributable to noncontrolling interests	(86,701)		(91,330)
Net loss (income) attributable to Weber Inc. - basic	$	(27,190)	$	16,777
Numerator - diluted:
Net loss (income) attributable to Weber Inc. - basic	$	(27,190)	$	16,777
Net loss effect of dilutive securities:
Add: Net loss attributable to dilutive impact of Paired Interests(1)	—		(71,380)



Net loss attributable to Weber Inc. - diluted	$	(27,190)	$	(54,603)
Denominator - basic:
Weighted average of Class A common stock outstanding - basic	54,604,105		53,309,932
Denominator - diluted:
Weighted average of Class A common stock outstanding - basic	54,604,105		53,309,932
Weighted average effect of dilutive securities:
Add: Class A common stock assumed exchange for Paired Interests(2)	—		234,645,219



Weighted average Class A common stock outstanding - diluted	54,604,105		287,955,151

Earnings (loss) per share of Class A common stock - basic	$	(0.50)	$	0.31
Earnings (loss) per share of Class A common stock - diluted	$	(0.50)	$	(0.19)

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(1)This adjustment assumes after-tax elimination of noncontrolling interests due to the assumed exchange of all Paired Interests for shares of Class A common stock in Weber Inc. as of the beginning of the period following the if-converted method for calculating diluted net loss per share.

(2)The diluted weighted average shares outstanding of Class A common stock includes the effects of the if-converted method to reflect the assumed exchange of all Paired Interests on a one-for-one basis for shares of Class A common stock in Weber Inc.

Summary of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following number of weighted average potentially dilutive shares were excluded from the calculation of diluted loss per share because the effect of including such potentially dilutive shares would have been anti-dilutive:


	Three Months Ended December 31,
	2022	2021
Paired Interests	234,492,493	—
Profits interest awards	2,546,091	5,053,269
Options	173,483	1,038,866
RSUs	1,303,519	4,605,088