Company: CWAN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021833
Chunk: 30

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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 set forth the computation of basic and diluted net earnings per share of Class A and Class D common stock (in thousands, except share amounts and per share amounts):Three Months Ended March 31, 2025Three Months Ended March 31, 2024Class AClass DClass AClass DBasic net earnings attributable to Class A and Class D common stockholdersNumerator:Allocation of net income attributable to Clearwater Analytics Holdings, Inc.$5,926 $584 $1,182 $716 Denominator:Weighted average number of shares of Class A and Class D common stock outstanding - basic216,028,01321,296,551132,839,67080,419,793Basic net earnings per share attributable to Class A and Class D common stockholders$0.03 $0.03 $0.01 $0.01 

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Three Months Ended March 31, 2025Three Months Ended March 31, 2024Class AClass DClass AClass DDiluted net earnings attributable to Class A and Class D common stockholdersNumerator:Undistributed earnings for basic computation$5,926 $584 $1,182 $716 Reallocation of earnings as a result of potentially dilutive equivalents35 (20)211 127 Reallocation of earnings as a result of conversion of Class D common stock to Class A common stock564 — 843 — Allocation of undistributed earnings $6,525 $564 $2,236 $843 Denominator:Weighted average number of shares of Class A and Class D common stock outstanding - basic216,028,01321,296,551132,839,67080,419,793Add: weighted-average effect of dilutive securities exchangeable for Class A common stock:Stock options of Clearwater Analytics Holdings, Inc.6,082,787—9,485,201—RSUs of Clearwater Analytics Holdings, Inc.2,805,166—1,122,269—ESPP of Clearwater Analytics Holdings, Inc.——183,134—Conversion of Class B stock to Class A stock, and conversion of Class C stock to Class D stock——111,19131,296,938Conversion of Class D common stock to Class A common stock outstanding21,296,551—111,716,731—Weighted average number of shares of Class A and Class D common stock outstanding - diluted246,212,51721,296