Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 112

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 112
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 2025$(130.1)$93.9 $1.6 $(34.6)(1) Excludes $358.4 million of inception to date accumulated other comprehensive losses associated with noncontrolling interest holders of KWE that the Company was required to record as part of the KWE Transaction in October 2017.

NOTE 12—EARNINGS PER SHARE 

Basic (loss) income per share is computed by dividing net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share is computed after adjusting the numerator and denominator of the basic earnings per share computation for the effects of all potentially dilutive common shares. The dilutive effect of non-vested stock issued under share‑based compensation plans is computed using the treasury stock method. The dilutive effect of the cumulative preferred stock is computed using the if‑converted method.     The following is a summary of the elements used in calculating basic and diluted loss per share for the three months ended March 31, 2025 and 2024:Three Months Ended March 31,(Dollars in millions, except share and per share amounts)20252024Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(40.8)$26.9 Weighted average shares outstanding for basic 137,745,032 138,472,579 Basic (loss) income per basic share$(0.30)$0.19 Weighted average shares outstanding for diluted(1)137,745,032 138,628,139 Diluted (loss) income per diluted share$(0.30)$0.19 

(1)For the three months ended March 31, 2025 and 2024, a total of 43,751,660 and 40,103,280 potentially dilutive securities, respectively, have not been included in the diluted weighted average shares as they are anti-dilutive. 

NOTE 13—SEGMENT INFORMATION

Segment Presentation    The Company evaluates its reportable segments in accordance with the guidance of ASC Topic 280, Segment Reporting, which aligns with how the business is being run and evaluated by the chief operating decision makers. 

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Kennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements(Unaudited)

Segments    The Company's operations are defined by two business segments: its Consolidated investment portfolio (the