Company: CIMO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038345
Chunk: 189

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 189
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 (104,012)(11,231)Net realized (gains) losses on sales of investments1,915 — 1,468 — — (Gains) losses on extinguishment of debt— (2,122)— — — Increase (decrease) in provision for credit losses4,409 3,387 4,448 358 3,684 Net unrealized (gains) losses on derivatives2,554 6,469 (276)14,457 (11,955)Realized (gains) losses on derivatives17,954 (82)(641)4,864 17,317 Transaction expenses390 5,688 4,707 2,317 — Stock Compensation expense for retirement eligible awards(501)1,432 (307)(424)(419)Amortization of intangibles and depreciation expenses (2)949 951 321 — — Non-cash imputed compensation related to business acquisition341 341 10,296 — — Other investment (gains) losses(2,953)417 (2,490)(1,366)(1,001)Earnings available for distribution$32,111 $33,526 $30,448 $29,866 $30,308 GAAP net income (loss) per diluted common share$0.17 $1.77 $(2.07)$1.39 $0.41 Earnings available for distribution per adjusted diluted common share$0.39 $0.41 $0.37 $0.36 $0.37 

 (1) As a result of the Palisades Acquisition, we updated the determination of earnings available for distribution to exclude non-recurring acquisition-related transaction expenses, non-cash amortization of intangibles and depreciation expenses, and non-cash imputed compensation expenses. These expenses are excluded as they relate to the Palisades Acquisition and are not directly related to generation of our portfolio’s investment income.

 (2) Non-cash amortization of intangibles and depreciation expenses related to the Palisades Acquisition

The table below summarizes the reconciliation from weighted-average diluted shares under GAAP to the weighted-average adjusted diluted shares used for Earnings available for distribution for the periods reported below.

For the Quarters EndedJune 30, 2025March 31, 2025December 31