AerSale Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2024

NOTE K — EARNINGS PER SHARE

The computation of basic and diluted earnings per share (“EPS”) is based on the weighted average number of common shares outstanding during each period.

The following table provides a reconciliation of the computation for basic and diluted earnings per share for the three months ended March 31, 2024 and 2023, respectively (in thousands, except share and per share data):


	Three Months Ended March 31,
	2024		2023
Net income	$	6,277	$	5

Weighted-average number of shares outstanding - basic		52,991,506		51,206,226
Additional shares from assumed stock-settled restricted stock units		247,438		1,745,293
Additional shares issued under the employee stock purchase plan		9,035		7,036
Weighted-average number of shares outstanding - diluted		53,247,979		52,958,555

Earnings per share – basic:	$	0.12	$	-
Earnings per share – diluted:	$	0.12	$	-

Anti-dilutive shares/units excluded from earnings per share - diluted:
Additional shares from assumed exercise of private warrants		-		220,428