Company: GLPI
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001575965-25-000045
Chunk: 53

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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 net income available to common shareholders.  In accordance with ASC 260, the Company includes all performance-based restricted shares that would have vested based upon the Company’s performance at quarter-end in the calculation of diluted EPS. The following table reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the three and nine months ended September 30, 2025 and 2024:          Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024 (in thousands)Determination of shares:    Weighted-average common shares outstanding283,008 273,788 278,454 272,265 Assumed conversion of restricted stock awards (1)148 184 118 144 Assumed conversion of performance-based restricted stock awards215 482 173 437 Dilution attributable to equity forward contract132 344 56 5 Diluted weighted-average common shares outstanding283,503 274,798 278,801 272,851 The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the three and nine months ended September 30, 2025 and 2024:          Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024 (in thousands, except per share data)Calculation of basic EPS:    Net income attributable to common shareholders$241,191 $184,694 $557,814 $567,408 Less: Net income allocated to participating securities(210)(124)(572)(300)Net income for earnings per share purposes$240,981 $184,570 $557,242 $567,108 Weighted-average common shares outstanding283,008 273,788 278,454 272,265 Basic EPS$0.85 $0.67 $2.00 $2.08 Calculation of diluted EPS:    Net income attributable to common shareholders$241,191 $184,694 $557,814 $567,408 Diluted weighted-average common shares outstanding 283,355 274,798 278,683 272,851 Diluted EPS $0.85 $0.67 $2.00 $2.08 Antidilutive securities