Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share

v3.21.2
(Loss) Earnings Per Share
6 Months Ended
Jun. 30, 2021
(Loss) Earnings Per Share  
(Loss) Earnings Per Share

10.   (Loss) Earnings Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS for the three and six months ended June 30:

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2021

2020

2021

2020

Numerator:

    

  

    

  

    

Net (Loss) income (basic and diluted)

$

(12,568)

$

4,078

$

(6,924)

$

6,518

Denominator:

 

 

 

 

Weighted-average common shares outstanding

 

149,596

 

139,756

 

137,355

 

139,748

Dilutive effect of share-based awards

 

 

6,785

 

 

7,179

Weighted-average dilutive shares outstanding

 

149,596

 

146,541

 

137,355

 

146,927

Basic (loss) earnings per share

$

(0.08)

$

0.03

$

(0.05)

$

0.05

Diluted (loss) earnings per share

$

(0.08)

$

0.03

$

(0.05)

$

0.04

As the Company has reported net loss for the three and six months ended June 30, 2021, all potentially dilutive securities are antidilutive. Approximately 16.3 million, and 16.4 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation in the three and six months ended June 30, 2021 because they were antidilutive. Approximately 6.6 million, and 6.7 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation in the three and six months ended June 30, 2020 because they were also antidilutive.