DoubleVerify Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Earnings Per Share

Earnings Per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share

Earnings Per Share

12. Earnings Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS:


	Year Ended December 31,
	2022		2021		2020
Numerator:
Net Income (basic and diluted)	$	43,268	$	29,308	$	20,453
Denominator:
Weighted‑average common shares outstanding		163,882		148,309		138,072
Dilutive effect of stock based awards		6,873		11,955		7,372
Weighted‑average dilutive shares outstanding		170,755		160,264		145,443
Basic earnings per share	$	0.26	$	0.20	$	0.15
Diluted earnings per share	$	0.25	$	0.18	$	0.14

Approximately 5.1 million, 1.4 million, and 7.5 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation for the years ended December 31, 2022, 2021 and 2020, respectively, because they were antidilutive.