Company: GDOT
Filing Date: 2025-03-04
Form Type: 10-K
Source: 0001386278-25-000009
Chunk: 152

Company: GREEN DOT CORP
Filing Date: 2025-03-04
Form: 10-K
Item: Item 8
Chunk 152
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,510 53,871 Diluted (loss) earnings per Class A common share$(0.50)$0.13 $1.19 The restricted shares issued to Walmart contain non-forfeitable rights to dividends and are considered participating securities for purposes of computing EPS pursuant to the two-class method. The computation above excludes income attributable to the unvested restricted shares from the numerator and excludes the dilutive impact of those underlying shares from the denominator.For the periods presented, we excluded certain restricted stock units and stock options outstanding, which could potentially dilute basic EPS in the future, from the computation of diluted EPS as their effect was anti-dilutive. Additionally, we have excluded any performance-based restricted stock units where the performance contingency has not been met as of the end of the period, or whereby the result of including such awards was anti-dilutive.The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation: Year Ended December 31, 202420232022(In thousands)Class A common stockOptions to purchase Class A common stock790 1,057 152 Service based restricted stock units958 1,573 1,161 Performance-based restricted stock units40 896 586 Unvested Walmart restricted shares— — 148 Total 1,788 3,526 2,047 

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Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)

Note 16—Fair Value Measurements

Under applicable accounting guidance, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.We determine the fair values of our financial instruments based on the fair value hierarchy established under applicable accounting guidance, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs used to measure fair value. For more information regarding the fair value hierarchy and how we measure fair value, see Note 2—Summary of Significant Accounting Policies.As of December 31, 2024 and 2023, our assets carried at fair value on a recurring basis were as follows:Level 1Level 2Level 3Total Fair ValueDecember 31, 2024(In thousands)AssetsInvestment securities:Corporate