Company: NGVT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001653477-25-000015
Chunk: 1134

Company: Ingevity Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 1134
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 other."

102

IndexIngevity CorporationNotes to the Consolidated Financial StatementsDecember 31, 2024

Note 20: Earnings (Loss) per Share

Years Ended December 31,In millions (except share (in thousands) and per share data)202420232022Net income (loss) $(430.3)$(5.4)$211.6 Basic and Diluted earnings (loss) per share (1)Basic earnings (loss) per share$(11.85)$(0.15)$5.54 Diluted earnings (loss) per share$(11.85)$(0.15)$5.50 SharesWeighted average number of shares of common stock outstanding - Basic36,323 36,496 38,179 Weighted average additional shares assuming conversion of potential common shares (2)— — 292 Shares - diluted basis36,323 36,496 38,471 _______________(1) Diluted earnings (loss) per share is calculated using net income (loss) available to common stockholders divided by diluted weighted average shares of common shares outstanding during each period, which includes the dilutive effect of outstanding equity awards.(2) For the years ended December 31, 2024 and 2023, all potentially dilutive common shares were excluded from the calculation of diluted earnings (loss) per share as we had a net loss for the period. The following average number of potential common shares were antidilutive and, therefore, were not included in the diluted earnings per share calculation:Years Ended December 31,In thousands202420232022Average number of potential common shares - antidilutive444 571 204 

103

IndexIngevity CorporationNotes to the Consolidated Financial StatementsDecember 31, 2024

Note 21: Supplemental Information

The following tables include details of prepaid and other current assets, other assets, accrued expenses and other liabilities as presented on the consolidated balance sheets, as well as other (income) expense, net on the consolidated statement of operations:Prepaid and other current assets:December 31,In millions20242023Income and value added tax receivables$22.1 $12.0 Prepaid freight and supply agreements2.1 2.5 Prepaid insurance1.2 1.9 Non-trade receivables2.4 5.8 Advances to suppliers2.3 1.0 Pre