Company: VRE
Filing Date: 2025-07-23
Form Type: 10-Q
Source: 0000924901-25-000051
Chunk: 142

Company: Veris Residential, Inc.
Filing Date: 2025-07-23
Form: 10-Q
Item: Part I, Item 8
Chunk 142
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 common shares102,259 101,952 102,164 101,160 Diluted EPS:Income (loss) from continuing operations available to common shareholders$0.12 $0.02 $— $(0.04)Income (loss) from discontinued operations available to common shareholders— 0.01 — 0.03 Net income (loss) available to common shareholders$0.12 $0.03 $— $(0.01)The following schedule reconciles the weighted average shares used in the basic EPS calculation to the shares used in the diluted EPS calculation (in thousands):Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Basic EPS shares93,392 92,663 93,227 92,469 Add: Operating Partnership – common and vested LTIP units8,619 8,689 8,625 8,691 Add: Dilutive effect of stock-based compensation awards248 600 312 — Diluted EPS Shares102,259 101,952 102,164 101,160 

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Veris Residential, L.P.:Three Months EndedJune 30,Six Months EndedJune 30,Computation of Basic EPU2025202420252024Income (loss) from continuing operations after income tax expense$11,870 $1,316 $(1,996)$(4,953)Add (deduct): Noncontrolling interests in consolidated joint ventures149 543 2,274 1,038 Add (deduct): Redeemable noncontrolling interests(81)(81)(162)(378)Income (loss) from continuing operations available to unitholders$11,938 $1,778 $116 $(4,293)Income (loss) from discontinued operations available to unitholders(27)1,419 109 3,219 Net income (loss) available to common unitholders for basic earnings per unit$11,911 $3,197 $225 $(1,074)Weighted average common units102,011 101,352 101,852 101,160 Basic EPU:Income (loss) from continuing operations available to unitholders$0.12 $0.02 $0.00 $(0.04)Income (loss) from discontinued operations available to unitholders0.00 0.