Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.24.3
EARNINGS (LOSS) PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share
The following table presents our earnings (loss) per share for the three and nine months ended September 30, 2024 and 2023 (dollar amounts in thousands, except per share data):
Three Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Net income (loss) attributable to Bridge Investment Group Holdings Inc. $ 4,666  $ 294  $ 12,053  $ (2,444)
Less:
Distributions on Restricted Stock and RSUs (1,133) (1,361) (2,902) (3,809)
Net income (loss) available to Class A common shareholders - basic $ 3,533  $ (1,067) $ 9,151  $ (6,253)
Incremental net income from assumed exchange of Class A units 1,340  —  5,367  — 
Net income (loss) available to Class A common stockholders, diluted $ 4,873  $ (1,067) $ 14,518  $ (6,253)
Denominator:
Weighted-average shares of Class A common stock outstanding—basic 32,991,925  25,956,587  32,268,068  25,392,481 
Incremental shares from assumed exchange of Class A units 96,210,868  —  96,587,200  — 
Weighted-average shares of Class A common stock outstanding—diluted 129,202,793  25,956,587  128,855,268  25,392,481 
Earnings (loss) per share of Class A common stock—basic $ 0.11  $ (0.04) $ 0.28  $ (0.25)
Earnings (loss) per share of Class A common stock—diluted $ 0.04  $ (0.04) $ 0.11  $ (0.25)