DoubleVerify Holdings, Inc. 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, 2021

9. Earnings Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS for the three months ended March 31:


	Three Months Ended
	March 31,
	2021		2020
Numerator:
Net Income (basic and diluted)	$	5,644	$	2,440
Denominator:
Weighted-average common shares outstanding		125,112		139,741
Dilutive effect of share-based awards		8,466		7,492
Weighted-average dilutive shares outstanding		133,578		147,233
Basic earnings per share	$	0.05	$	0.02
Diluted earnings per share	$	0.04	$	0.02

Approximately 4.4 million, and 7.0 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation in the three months ended March 31, 2021 and March 31, 2020 because they were antidilutive.