Company: GLPI
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001575965-25-000008
Chunk: 208

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 208
---
138,151)Permanent differences— — 5,006 Other miscellaneous items— — 16 $2,129 $1,997 $17,055 

The Company is still subject to federal income tax examinations for its years ended December 31, 2021 and forward.  

109

15.     Earnings Per Share

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 years ended December 31, 2024, 2023 and 2022:  Year Ended December 31, 202420232022 (in thousands)Determination of shares:  Weighted-average common shares outstanding272,802 264,053 252,716 Assumed conversion of restricted stock awards160 156 159 Assumed conversion of performance-based restricted stock awards540 784 971 Dilution attributable to equity forward contract32 — — Diluted weighted-average common shares outstanding273,534 264,993 253,846 The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the years ended December 31, 2024, 2023 and 2022:  Year Ended December 31, 202420232022 (in thousands, except per share data)Calculation of basic EPS:  Net income attributable to common shareholders$784,620 $734,283 $684,653 Less: Net income allocated to participating securities(459)(434)(432)Net income for earnings per share purposes$784,161 $733,849 $684,221 Weighted-average common shares outstanding272,802 264,053 252,716 Basic EPS$2.87 $2.78 $2.71 Calculation of diluted EPS:  Net income attributable to common shareholders$784,620 $734,283 $684,653 Diluted weighted-average common shares outstanding273,534 264,993 253,846 Diluted EPS$2.87 $2.77 $2.70 Antidilutive securities excluded from the computation of diluted earnings per share 25 103 — 

16.      Equity

Common StockOn December 21, 2022, the Company commenced a continuous equity offering under which the Company may sell up to