DoubleVerify Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share

(Loss) Earnings Per Share

6 Months Ended

Jun. 30, 2021

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.