Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 340

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 8
Chunk 340
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Adjustment for interest on 2022 Convertible Notes and incentive fees, net4,062 3,900 Numerator for diluted earnings per share:$27,475 $31,308 Denominator for basic weighted average share107,851,415 103,660,370 Adjustment for dilutive effect of 2022 Convertible Notes19,001,496 18,783,108 Denominator for diluted weighted average share126,852,911 122,443,478 Diluted earnings per share:$0.22 $0.26 (1)In applying the if-converted method, conversion is not assumed for purposes of computing diluted earnings per share if the effect would be anti-dilutive.

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Note 12. Financial Highlights

The following information sets forth the Company's financial highlights for the three months ended March 31, 2025 and March 31, 2024: Three Months Ended March 31, 2025March 31, 2024Per share data(1):  Net asset value, January 1, 2025 and January 1, 2024, respectively$12.55 $12.87 Net investment income0.32 0.36 Net realized and unrealized losses(0.10)(0.10)Total net increase0.22 0.26 Distributions declared to stockholders from net investment income(0.32)(0.36)Net asset value, March 31, 2025 and March 31, 2024, respectively$12.45 $12.77 Per share market value, March 31, 2025 and March 31, 2024, respectively$11.03 $12.67 Total return based on market value(2)0.77 %2.45 %Total return based on net asset value(3)1.73 %1.99 %Shares outstanding at end of period107,851,415 106,289,293 Average weighted shares outstanding for the period107,851,415 103,660,370 Average net assets for the period$1,353,216 1,334,024 Ratio to average net assets(4):  Net investment income10.35 %11.25 %Total expenses, before waivers/reimbursements15.84 %16.25 %Total expenses,