Company: DK
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001694426-25-000060
Chunk: 70

Company: Delek US Holdings, Inc.
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 70
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), 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.

15 |

Notes to Condensed Consolidated Financial Statements (unaudited)

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 March 31,20252024Numerator:Numerator for EPS - continuing operationsNet loss from continuing operations$(158.2)$(28.4)Less: Income from continuing operations attributed to non-controlling interests14.2 7.4 Numerator for basic and diluted EPS from continuing operations attributable to Delek$(172.4)$(35.8)Numerator for EPS - discontinued operations(Loss) income from discontinued operations, including gain on sale of discontinued operations$(0.4)$3.6 Less: Income tax (benefit) expense(0.1)0.4 (Loss) income from discontinued operations, net of tax$(0.3)$3.2 Denominator:Weighted average common shares outstanding (denominator for basic EPS)62,115,776 64,021,988 Dilutive effect of stock-based awards— — Weighted average common shares outstanding, assuming dilution (denominator for diluted EPS)62,115,776 64,021,988 EPS:Basic loss per share:Loss from continuing operations$(2.78)$(0.56)Income from discontinued operations— 0.05 Total basic loss per share$(2.78)$(0.51)Diluted loss per share:Loss from continuing operations$(2.78)$(0.56)Income from discontinued operations— 0.05 Total diluted loss per share$(2.78)$(0.51)The following equity instruments were excluded from the diluted weighted average common shares outstanding because their effect would be anti-dilutive:Antidilutive stock-based compensation (because average share price is less than exercise price)2,823,263 829,292 Antidilutive due to loss214,789 550,254 Total antidilutive stock-based compensation3,038,052 1,379,546 

6.  Delek Logistics

Delek Logistics is a publicly traded limited partnership formed by Delek in 201