Company: BHR-PD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001574085-25-000130
Chunk: 160

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 160
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9,977 Distributed and undistributed net income (loss) - basic and diluted $(8,196)$(1,434)$(26,799)$(19,871)Weighted average common shares outstanding:Weighted average common shares outstanding – basic and diluted68,219 66,522 67,419 66,493 Income (loss) per share - basic and diluted:Net income (loss) allocated to common stockholders per share$(0.12)$(0.02)$(0.40)$(0.30)Due to their anti-dilutive effect, the computation of diluted income (loss) per share does not reflect the adjustments for the following items (in thousands):Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Net income (loss) allocated to common stockholders is not adjusted for:Income (loss) allocated to unvested performance stock units20 22 $58 $64 Income (loss) attributable to redeemable noncontrolling interests in operating partnership(607)(124)(2,358)(1,747)Dividends on preferred stock - Series B1,058 1,059 3,174 3,175 Interest expense on Convertible Senior Notes1,135 1,127 3,399 3,374 Dividends on preferred stock - Series E (inclusive of deemed dividends)11,292 11,288 30,097 28,285 Dividends on preferred stock - Series M (inclusive of deemed dividends)743 836 2,268 2,833 Total$13,641 $14,208 $36,638 $35,984 Weighted average diluted shares are not adjusted for:Effect of unvested performance stock units63 50 77 34 Effect of assumed conversion of operating partnership units5,092 6,558 6,057 6,275 Effect of assumed conversion of preferred stock - Series B4,116 4,116 4,116 4,116 Effect of assumed conversion of Convertible Senior Notes16,889 15,706 16,581 14,927 Effect of assumed conversion of preferred stock - Series E116,179 117,946 126,870 160,729 Effect of assumed conversion of preferred stock - Series M12,633 12,241 13,417 17,226 Total