Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

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EARNINGS (LOSS) PER SHARE
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE EARNINGS (LOSS) PER SHARE
Basic earnings or loss per share is computed based on the weighted average number of shares of Class A and Class B common stock outstanding during the period using the two-class method. Diluted earnings or loss per share is computed based on the weighted average number of shares plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include RSUs for Class A common stock.
The following table sets forth the components of basic and diluted earnings per share for the periods presented:
Three Months Ended
March 31,
(in thousands, except per share amounts)
2024 2023
Net income (loss) attributable to Guild
 $ 28,498  $ (37,190)
Weighted average shares outstanding—Class A Common Stock
 20,776  20,567 
Weighted average shares outstanding—Class B Common Stock
 40,333  40,333 
Weighted average shares outstanding—Basic
 61,109  60,900 
Add: dilutive effects of unvested shares of restricted stock
 1,048  — 
Weighted average shares outstanding—Diluted
 62,157  60,900 
Earnings (loss) per share attributable to Class A and Class B Common Stock:
Basic
 $ 0.47  $ (0.61)
Diluted
 $ 0.46  $ (0.61)
No shares of Class A Common stock were excluded from the calculation of earnings per share as a result of being anti-dilutive for the three months ended March 31, 2024. Approximately 0.6 million potential shares of Class A common stock related to unvested RSUs were excluded from the calculation of diluted loss per share for the three months ended March 31, 2023 because they were anti-dilutive due to the net loss.