Company: RITM-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001556593-25-000007
Chunk: 385

Company: Rithm Capital Corp.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 385
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— Common stock purchase warrants— 1,112,943 12,763,825 Restricted stock185,678 223,998 35,582 Time-based RSU awards1,980,499 174,554 — Performance-based RSU awards1,444,503 77,881 — Time vesting Class B Profit Units197,900 — — Performance vesting Class B Profit Units309,026 — — Diluted Weighted Average Shares of Common Stock Outstanding499,597,670 483,716,715 481,636,125 Basic Earnings per Share Attributable to Common Stockholders$1.69 $1.11 $1.84 Diluted Earnings per Share Attributable to Common Stockholders$1.67 $1.10 $1.80 (A)Certain stock options and common stock purchase warrants that could potentially dilute basic EPS in the future were not included in the computation of diluted EPS for the periods where they were out-of-the-money or a loss has been recorded, because they would have been anti-dilutive for the period presented. There were no anti-dilutive common stock purchase warrants for all periods presented.

(B)Awards related to stock-based compensation were included to the extent dilutive and issuable under the relevant time and/or performance measures. 

205

RITHM CAPITAL CORP. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS(dollars in tables in thousands, except share data)

25. INCOME TAXES

Income tax expense (benefit) consists of the following: Year Ended December 31,202420232022Current:Federal$1,283 $5,030 $4,253 State and local1,897 416 4,096 Foreign9,735 377 — Total current income tax expense12,915 5,823 8,349 Deferred:Federal174,306 76,380 227,825 State and local80,917 39,430 43,342 Foreign(821)526 — Total deferred income tax expense254,402 116,336 271,167 Total Income Tax Expense$267,317 $122,159 $279,516 Rithm Capital intends to qualify as a REIT for each of its tax years through December 31, 2024