Company: BLCO
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001860742-25-000023
Chunk: 39

Company: Bausch & Lomb Corp
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 39
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 tax benefits, which included $11 million and $9 million of interest and penalties, respectively. Of the total unrecognized tax benefits as of September 30, 2025, $58 million would reduce the Company’s effective tax rate, if recognized.15.(LOSS) EARNINGS PER SHARE(Loss) earnings per share attributable to Bausch + Lomb Corporation for the three and nine months ended September 30, 2025 and 2024 were calculated as follows:Three Months Ended September 30,Nine Months Ended September 30,(in millions, except per share amounts)2025202420252024Net (loss) income attributable to Bausch + Lomb Corporation$(28)$4 $(302)$(314)Basic weighted-average common shares outstanding354.2 351.9 353.6 351.7 Diluted effect of stock options and RSUs— 2 — — Diluted weighted-average common shares outstanding354.2 353.9 353.6 351.7 Basic and diluted (loss) income per share attributable to Bausch + Lomb Corporation$(0.08)$0.01 $(0.85)$(0.89)During the three and nine months ended September 30, 2025 and the nine months ended September 30, 2024, all potential common shares issuable for RSUs, PSUs and stock options were excluded from the calculation of diluted loss per share, as the effect of including them would have been anti-dilutive. The dilutive effect of potential common shares issuable for RSUs, PSUs and stock options on the weighted-average number of common shares outstanding would have been approximately 3,184,000 and 2,700,000 common shares for the three and nine months ended September 30, 2025, respectively. The dilutive effect of potential common shares issuable for RSUs, PSUs and stock options on the weighted-average number of common shares outstanding would have been approximately 1,592,000 common shares for the nine months ended September 30, 2024.During the three and nine months ended September 30, 2025, RSUs, PSUs and stock options to purchase approximately 11,328,000 and 13,698,000 common shares, respectively, were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive under the treasury stock method. During the three and nine months