Company: DK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050541
Chunk: 203

Company: Delek US Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 203
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 outstanding, by the diluted weighted average common shares outstanding. For all periods presented, we have outstanding various equity-based compensation awards that are considered in our diluted EPS calculation (when to do so would be dilutive), and is inclusive of awards disclosed in Note 18 to these condensed consolidated financial statements. For those instruments that are indexed to our common stock, they are generally dilutive when the market price of the underlying indexed share of common stock is in excess of the exercise price.The following table sets forth the computation of basic and diluted earnings per share.(In millions, except share and per share data)Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Numerator:Numerator for EPS - continuing operationsNet income (loss) from continuing operations$195.1 $(134.8)$(52.4)$(197.0)Less: Income from continuing operations attributed to non-controlling interests16.8 9.3 47.3 27.8 Numerator for basic and diluted EPS from continuing operations attributable to Delek$178.3 $(144.1)$(99.7)$(224.8)Numerator for EPS - discontinued operations(Loss) income from discontinued operations, including gain on sale of discontinued operations$(0.4)$95.4 $(1.8)$107.8 Less: Income tax (benefit) expense(0.1)28.1 (0.4)29.6 (Loss) income from discontinued operations, net of tax$(0.3)$67.3 $(1.4)$78.2 Denominator:Weighted average common shares outstanding (denominator for basic EPS)60,190,054 64,063,609 60,930,537 64,099,700 Dilutive effect of stock-based awards754,846 — — — Weighted average common shares outstanding, assuming dilution (denominator for diluted EPS)60,944,900 64,063,609 60,930,537 64,099,700 EPS:Basic income (loss) per share:Income (loss) from continuing operations$2.96 $(2.25)$(1.64)$(3.51)Income (loss) from discontinued operations— 1.05 (0.02)1.22 Total basic income (loss) per share$2.96 $(1.20)$(1