Annual report [Section 13 and 15(d), not S-K Item 405]

EARNINGS (LOSS) PER SHARE

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EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 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. 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:
(in thousands, except per share amounts)
Year Ended
December 31,
2024 2023
Net income (loss) attributable to Guild $ 97,131  $ (39,009)
Weighted average shares outstanding—Class A common stock
 21,069  20,634 
Weighted average shares outstanding—Class B common stock
 40,333  40,333 
Weighted average shares outstanding—Basic
 61,402  60,967 
Add: dilutive effects of unvested shares of restricted stock
 703  — 
Weighted average shares outstanding—Diluted
 62,105  60,967 
Earnings (loss) per share attributable to Class A and Class B common stock:
Basic
 $ 1.58  $ (0.64)
Diluted
 $ 1.56  $ (0.64)
Approximately 0.7 million potential shares of Class A common stock related to unvested RSUs were excluded from the calculation of diluted loss per share as a result of being anti-dilutive for the year ended December 31, 2023, respectively. 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 year ended December 31, 2024.