Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 210

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 210
---
 The following table summarizes the changes in each component of accumulated other comprehensive (loss) income, net of taxes from December 31, 2024 to March 31, 2025:(Dollars in millions)Foreign Currency TranslationCurrency Derivative Contracts Interest Rate SwapsTotal Accumulated Other Comprehensive Loss(1)Balance at December 31, 2024$(156.6)$105.8 $1.6 $(49.2)Unrealized gains (losses), arising during the period27.2 (13.9)— 13.3 Deferred taxes on unrealized (gains) losses, arising during the period(0.5)2.0 — 1.5 Noncontrolling interests(0.2)— — (0.2)Balance at March 31, 2025$(130.1)$93.9 $1.6 $(34.6)(1) Excludes $358.4 million of inception to date accumulated other comprehensive losses associated with noncontrolling interest holders of KWE that the Company was required to record as part of the KWE Transaction in October 2017.

NOTE 12—EARNINGS PER SHARE 

Basic (loss) income per share is computed by dividing net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share is computed after adjusting the numerator and denominator of the basic earnings per share computation for the effects of all potentially dilutive common shares. The dilutive effect of non-vested stock issued under share‑based compensation plans is computed using the treasury stock method. The dilutive effect of the cumulative preferred stock is computed using the if‑converted method.     The following is a summary of the elements used in calculating basic and diluted loss per share for the three months ended March 31, 2025 and 2024:Three Months Ended March 31,(Dollars in millions, except share and per share amounts)20252024Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(40.8)$26.9 Weighted average shares outstanding for basic 137,745,032 138,472,579 Basic (loss) income per basic share$(0.30)$0.19 Weighted average shares outstanding for diluted(1)137,745,032 138,628,139 Diluted (loss