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

Earnings per Share (Tables)

v3.25.0.1
Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Reconciliation from Basic to Diluted Weighted Average Number of Shares Outstanding
The reconciliation from basic to diluted weighted average shares outstanding is as follows:
Years ended December 31,
2024 2023 2022
Weighted average shares outstanding – Basic 116,719,437  118,367,214  133,601,322 
Dilutive effect of unvested common shares and RSUs with service conditions, PSUs considered probable of vesting and assumed stock option exercises and conversions — 1,120,495 1,486,850
Weighted average shares outstanding – Diluted 116,719,437  119,487,709  135,088,172 
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted income per share are calculated as follows:
Years ended December 31,
2024 2023 2022
Numerator:
(Loss) income from continuing operations attributable to Ecovyst Inc. $ (6,652) $ 71,154  $ 69,795 
Income from discontinued operations attributable to Ecovyst Inc. —  —  3,902 
Net (loss) income attributable to Ecovyst Inc. $ (6,652) $ 71,154  $ 73,697 
Denominator:
Weighted average shares outstanding – Basic 116,719,437  118,367,214  133,601,322 
Weighted average shares outstanding – Diluted 116,719,437  119,487,709  135,088,172 
Net (loss) income per share:
Basic (loss) income per share - continuing operations $ (0.06) $ 0.60  $ 0.52 
Diluted (loss) income per share - continuing operations $ (0.06) $ 0.60  $ 0.52 
Basic income per share - discontinued operations $ —  $ —  $ 0.03 
Diluted income per share - discontinued operations $ —  $ —  $ 0.03 
Basic (loss) income per share $ (0.06) $ 0.60  $ 0.55 
Diluted (loss) income per share $ (0.06) $ 0.60  $ 0.55 
Schedule of Securities Excluded from Computation of Earnings Per Share
The table below presents additional details of the Company’s weighted average equity-based awards outstanding during each respective year that were excluded from the calculation of diluted earnings per share:
Years ended December 31,
2024 2023 2022
RSAs with performance only targets not yet achieved —  —  539,688 
Stock options with performance only targets not yet achieved —  51,526  309,984 
Anti-dilutive RSUs and PSUs 387,078  286,729  20,497 
Anti-dilutive stock options 367,100  508,623  776,594