Company: UZF
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000821130-25-000051
Chunk: 137

Company: ARRAY DIGITAL INFRASTRUCTURE, INC.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1A
Chunk 137
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5 $1,050 Billed — current39 4 1 1 45 36 4 1 1 42 Billed — past due11 5 1 1 18 10 5 2 1 18 Total$933 $77 $14 $8 $1,032 $1,001 $86 $16 $7 $1,110 The balance of the equipment installment plan receivables as of June 30, 2025 on a gross basis by year of origination were as follows:2022202320242025Total(Dollars in millions)Lowest Risk$40 $214 $420 $259 $933 Lower Risk2 12 34 29 77 Slight Risk— 1 6 7 14 Higher Risk— — 5 3 8 Total$42 $227 $465 $298 $1,032 The write-offs, net of recoveries for the six months ended June 30, 2025 on a gross basis by year of origination were as follows:2022202320242025Total(Dollars in millions)Write-offs, net of recoveries$2 $8 $26 $1 $37 Activity for the six months ended June 30, 2025 and 2024, in the allowance for credit losses for equipment installment plan receivables was as follows:June 30, 2025June 30, 2024(Dollars in millions)Allowance for credit losses, beginning of period$82 $90 Bad debts expense30 33 Write-offs, net of recoveries(37)(38)Allowance for credit losses, end of period$75 $85 

Note 5 Earnings Per Share Basic earnings per share attributable to Array shareholders is computed by dividing Net income attributable to Array shareholders by the weighted average number of Common Shares outstanding during the period. Diluted earnings per share attributable to Array shareholders is computed by dividing Net income attributable to Array shareholders by the weighted average number of Common Shares outstanding during the period adjusted to include the effects of potentially dilutive securities. Potentially dilutive securities primarily include incremental shares issuable upon the exercise of outstanding stock options and the vesting of performance and restricted stock units, as calculated using the treasury stock method.

42

The amounts used in computing basic