Company: GDOT
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001386278-25-000034
Chunk: 138

Company: GREEN DOT CORP
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 8
Chunk 138
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,361 52,942 Basic earnings per Class A common share$0.47 $0.09 Diluted earnings per Class A common shareNumerator:Net income allocated to Class A common stockholders$25,773 $4,750 Denominator:Weighted-average Class A shares issued and outstanding54,361 52,942 Dilutive potential common shares:Service-based restricted stock units863 259 Performance-based restricted stock units6 4 Employee stock purchase plan52 65 Diluted weighted-average Class A shares issued and outstanding55,282 53,270 Diluted earnings per Class A common share$0.47 $0.09 For the periods presented, we excluded certain restricted stock units and stock options outstanding, which could potentially dilute basic EPS in the future, from the computation of diluted EPS as their effect was anti-dilutive. Additionally, we have excluded any performance-based restricted stock units where the performance contingency has not been met as of the end of the period, or whereby the result of including such awards was anti-dilutive.

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Table of ContentsGREEN DOT CORPORATIONNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (CONTINUED)

Note 13—Earnings per Common Share (continued)The following table shows the weighted-average number of anti-dilutive shares excluded from the diluted EPS calculation: Three Months Ended March 31, 20252024(In thousands)Class A common stockOptions to purchase Class A common stock— 1,009 Service-based restricted stock units602 1,278 Performance-based restricted stock units717 141 Total 1,319 2,428 

Note 14—Fair Value Measurements

Under applicable accounting guidance, fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.We determine the fair values of our financial instruments based on the fair value hierarchy established under applicable accounting guidance, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. There are three levels of inputs used to measure fair value. For more information regarding the fair value hierarchy and how we measure fair value, see Note 2–Summary of Significant Accounting Policies to the Consolidated Financial Statements of our Annual