Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 179

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 179
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35

Reconciliations of the numerators and denominators of basic and diluted net income (loss) per common share for the periods presented are as follows:Three Months Ended June 30,Six Months Ended June 30,(Shares in thousands)2025202420252024Weighted-average common stock outstanding - basic374,796 218,618 377,011 218,618 Effects of dilutive securities:Stock options485 — 520 — Performance-based RSUs108 — 84 — Time-based RSUs1,414 — 1,408 — ESPP12 — 6 — Weighted-average common stock outstanding - diluted376,815 218,618 379,029 218,618 The following potentially dilutive shares were excluded from the computation of diluted net income (loss) per share for the periods presented because including them would have been antidilutive:Three Months Ended June 30,Six Months Ended June 30,(Shares in thousands)2025202420252024Stock options— — — — Performance-based RSUs 1— — — — Time-based RSUs2 — 2 — ESPP— — — — ____________________1     Performance-based RSUs represent the number of shares expected to be issued based on the estimated achievement of the performance metric for these awards.

NOTE 17—COMMITMENTS AND CONTINGENCIES

The Company may be party to a variety of litigation, claims, legal or regulatory proceedings, inquiries, and investigations including but not limited to matters arising out of the ordinary course of business, including those related to advertising, marketing or commercial practices, personal injury and property damage, intellectual property rights, employment, tax and insurance, and matters relating to compliance with applicable laws and regulations. Responding to these matters, even those that are ultimately non-meritorious, may require the Company to incur significant expense and devote significant resources. While it is not possible to predict the ultimate resolution of these matters, management believes, based upon examination of currently available information, experience to date, and advice from legal counsel, that, after taking into account existing insurance coverage and amounts already provided for, the currently pending legal proceedings against the Company will not have a material adverse impact on the Company's consolidated statements of operations, balance sheets, or cash flows.Liabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties