Company: VRE
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0000924901-25-000028
Chunk: 66

Company: Veris Residential, Inc.
Filing Date: 2025-04-23
Form: 10-Q
Item: Part I, Item 1
Chunk 66
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loss) available for diluted earnings per share$(11,686)$(4,271)Weighted average common shares101,690 100,968 Diluted EPS:Income (loss) from continuing operations available to common shareholders$(0.12)$(0.06)Income (loss) from discontinued operations available to common shareholders— 0.02 Net income (loss) available to common shareholders$(0.12)$(0.04)

33

The following schedule reconciles the weighted average shares used in the basic EPS calculation to the shares used in the diluted EPS calculation (in thousands):Three Months EndedMarch 31,20252024Basic EPS shares93,059 92,275 Add: Operating Partnership – common and vested LTIP units8,631 8,693 Diluted EPS Shares101,690 100,968 Veris Residential, L.P.:Three Months EndedMarch 31,Computation of Basic EPU20252024Income (loss) from continuing operations after income tax expense$(13,866)$(6,269)Add (deduct): Noncontrolling interests in consolidated joint ventures2,125 495 Add (deduct): Redeemable noncontrolling interests(81)(297)Add (deduct): Redemption value adjustment of redeemable noncontrolling interests— — Income (loss) from continuing operations available to unitholders$(11,822)$(6,071)Income (loss) from discontinued operations available to unitholders136 1,800 Net income (loss) available to common unitholders for basic earnings per unit$(11,686)$(4,271)Weighted average common units101,690 100,968 Basic EPU:Income (loss) from continuing operations available to unitholders$(0.12)$(0.06)Income (loss) from discontinued operations available to unitholders— 0.02 Net income (loss) available to common unitholders for basic earnings per unit$(0.12)$(0.04)Three Months EndedMarch 31,Computation of Diluted EPU20252024Income (loss) from continuing operations available to common unitholders$(11,822)$(6,071)Income (loss) from discontinued operations for diluted earnings per unit136 1,800 Net income (loss) available to common unitholders for diluted earnings per unit$(11,686)$(4,271)Weighted average common