Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2023

Earnings (Loss) Per Share [Abstract]

Earnings (Loss) Per Share

NOTE 4 – EARNINGS (LOSS) PER SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per share and a reconciliation of the weighted average number of common and common equivalent shares outstanding for the three years ended December 31, 2023:

(Dollars in thousands, except share and per share data)	2023		2022		2021
Numerator:
Net income (loss) attributable to Reading International, Inc.	$	(30,673)	$	(36,184)	$	31,921
Denominator:
Weighted average shares of common stock – basic		22,222,635		22,020,921		21,801,719
Weighted average dilutive impact of stock-based awards		1,124,673		935,324		605,097
Weighted average shares of common stock – diluted		23,347,308		22,956,245		22,406,816
Basic earnings (loss) per share	$	(1.38)	$	(1.64)	$	1.46
Diluted earnings (loss) per share	$	(1.38)	$	(1.64)	$	1.42
Awards excluded from diluted earnings (loss) per share		205,122		327,498		517,344

Outstanding awards of 205,122 shares for the year ended December 31, 2023 and 327,498 shares for the year ended December 31, 2022, were excluded from the computation of dilutive shares, as they were anti-dilutive because of the net loss from continuing operations.