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

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

Earnings per Share (Tables)

Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Basic and Diluted Net Income Per Share of Common Stock

The following table sets forth the computation of basic and diluted net income per share of common stock:


	For the Year Ended December 31,
	2024		2023		2022
	(in thousands)
Net income available to common stockholders	$	15,095	$	28,619	$	65,997
Change in fair value of Ares Put Option (see Note 22)		—		—		(329	)
Net income available to common stockholders after assumed conversions	$	15,095	$	28,619	$	65,668

Weighted average common shares outstanding — Basic		116,139		118,782		121,476
Effect of dilutive securities:
RSUs		810		823		822
Ares Put Option (see Note 22)		—		—		926
Weighted average common shares outstanding — Diluted		116,949		119,605		123,224
Net income per share available to common stockholders — Basic	$	0.13	$	0.24	$	0.54
Net income per share available to common stockholders — Diluted	$	0.13	$	0.24	$	0.53

Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share

The following potential shares of common stock have been excluded from the computation of diluted net income per share because their effect would have been antidilutive:


	As of December 31,
	2024		2023		2022
	(in thousands)
Ares Warrants		1,100		1,100		1,100
Public and Private Warrants		17,333		17,333		17,333
Series A redeemable preferred stock		8,569		8,482		8,396
Stock options		1,306		1,306		897