Company: BLCO
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001860742-25-000018
Chunk: 38

Company: Bausch & Lomb Corp
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 38
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 benefits, which included $11 million and $9 million of interest and penalties, respectively. Of the total unrecognized tax benefits as of June 30, 2025, $56 million would reduce the Company’s effective tax rate, if recognized.15.LOSS PER SHARELoss per share attributable to Bausch + Lomb Corporation for the three and six months ended June 30, 2025 and 2024 were calculated as follows:Three Months Ended June 30,Six Months Ended June 30,(in millions, except per share amounts)2025202420252024Net loss attributable to Bausch + Lomb Corporation$(62)$(151)$(274)$(318)Basic weighted-average common shares outstanding353.7 351.8 353.3 351.5 Diluted effect of stock options and RSUs— — — — Diluted weighted-average common shares outstanding353.7 351.8 353.3 351.5 Basic and diluted loss per share attributable to Bausch + Lomb Corporation$(0.18)$(0.43)$(0.78)$(0.90)During the three and six months ended June 30, 2025 and 2024, all potential common shares issuable for RSUs, PSUs and stock options were excluded from the calculation of diluted loss per share, as the effect of including them would have been anti-dilutive. The dilutive effect of potential common shares issuable for RSUs, PSUs and stock options on the weighted-average number of common shares outstanding would have been approximately 1,758,000 and 2,499,000 common shares for the three and six months ended June 30, 2025, respectively. The dilutive effect of potential common shares issuable for RSUs, PSUs and stock options on the weighted-average number of common shares outstanding would have been approximately 1,238,000 and 1,419,000 common shares for the three and six months ended June 30, 2024, respectively.During the three and six months ended June 30, 2025, RSUs, PSUs and stock options to purchase approximately 16,592,000 and 15,247,000 common shares, respectively, were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive under the treasury stock method. During the three and six months ended June 30, 2025