Company: NMFCZ
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001496099-25-000018
Chunk: 208

Company: New Mountain Finance Corp
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 1
Chunk 208
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 common stock remain available for issuance and sale under the Distribution Agreement.

Note 11. Earnings Per Share

The following information sets forth the computation of basic and diluted net increase in the Company’s net assets per share resulting from operations for the three months ended March 31, 2025 and March 31, 2024: Three Months Ended March 31, 2025March 31, 2024Earnings per share—basic  Numerator for basic earnings per share:$23,413 $27,408 Denominator for basic weighted average share:107,851,415 103,660,370 Basic earnings per share:$0.22 $0.26 Earnings per share—diluted(1)Numerator for increase in net assets per share$23,413 $27,408 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