Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 181

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1
Chunk 181
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 of the contingently- issuable shares if the end of the reporting period were the end of the contingency period. The proceeds from the contingently-issuable shares include the remaining unrecognized compensation expense of the awards and the cash received for the exercise price on stock options. We then use the average market price of our common shares during the period the contingently-issuable shares were outstanding to determine how many shares we could repurchase with the proceeds raised from the issuance of the contingently-issuable shares. The net incremental share count issued represents the potential dilutive securities. We then reallocate earnings to common shares and vested RSUs by incorporating the increased fully-diluted share count to determine diluted EPS.

100

The calculation of basic and diluted EPS attributable to common stockholders was as follows: 

        Year ended December 31,

        2024

        2023

        2022

        Basic EPS attributable to common stockholders:

        Numerator (continuing operations):

        Income from continuing operations
         
        $
        720,129

        $
        591,182

        $
        554,714

        Income attributable to unvested participating securities

        (2,443
        )

        (2,535
        )

        (2,438
        )

        Income from continuing operations used in calculating basic EPS    attributable to common stockholders
         
        $
        717,686

        $
        588,647

        $
        552,276

        Numerator (discontinued operations):

        Loss from discontinued operations
         
        $
        (249,611
        )
         
        $
        (14,581
        )
         
        $
        (82,646
        )

        Loss attributable to unvested participating securities

        701

        53

        307

        Loss from discontinued operations used in calculating    basic EPS attributable to common stockholders
         
        $
        (248,910
        )
         
        $
        (14,528
        )
         
        $
        (82,339
        )

        Denominator:

        Weighted-average vested shares

        34,142

        35,954

        37,997

        Basic EPS attributable to common stockholders from    continuing operations
         
        $
        21.02

        $
        16.37

        $
        14.53