Company: LAWIL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000750004-25-000048
Chunk: 99

Company: Light & Wonder, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 99
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 contingent consideration liability related to the Grover acquisition (see Note 1).(2) Represents extinguishment of $6 million in redeemable non-controlling interest liability associated with SciPlay’s acquisition of Alictus Yazilim Anonim Şirketi in 2022, as specified financial targets were not met. The gain was recorded in other (expense) income, net in our consolidated statements of operations.

23

(12) Stockholders’ Equity

Changes in Stockholders’ EquityThe following tables present certain information regarding our stockholders’ equity as of June 30, 2025 and 2024:Six Months Ended June 30, 2025Common StockAdditional Paid in CapitalRetained EarningsTreasury StockAccumulated Other Comprehensive LossTotalJanuary 1, 2025$1 $1,200 $1,016 $(1,216)$(365)$636 Settlement of liability awards— 44 — — — 44 Vesting of RSUs, net of tax withholdings and other— (36)— — — (36)Purchase of treasury stock(1)— — — (167)— (167)Stock-based compensation— 18 — — — 18 Net income— — 82 — — 82 Other comprehensive income— — — — 43 43 March 31, 2025$1 $1,226 $1,098 $(1,383)$(322)$620 Vesting of RSUs, net of tax withholdings and other— 2 — — — 2 Purchase of treasury stock(1)— — — (101)— (101)Stock-based compensation— 14 — — — 14 Net income— — 95 — — 95 Other comprehensive income— — — — 72 72 June 30, 2025$1 $1,242 $1,193 $(1,484)$(250)$702 (1) Includes excise taxes of $1 million and $2 million for three and six months ended June 30, 2025, respectively.Six Months Ended June 30, 2024 Common StockAdditional Paid in CapitalRetained EarningsTreasury StockAccumulated Other Comprehensive LossTotalJanuary 1, 2024$1