Loss Per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Loss Per Share

Loss Per Share

The following table is a reconciliation of the weighted average shares used in the computation of income (loss) per share for the periods presented (in thousands, except per share data):

	Three Months Ended March 31,
	2020		2019
Net loss	$	(11,998)	$	(29,127)
Net income attributable to non-controlling interests	40		31
Net loss attributable to JAKKS Pacific, Inc.	(12,038)		(29,158)
Preferred stock dividend	307		—
Net loss attributable to common stockholders	$	(12,345)	$	(29,158)
Weighted average common shares outstanding - basic and diluted	30,208		23,557
Loss per share available to common stockholders - basic and diluted	$	(0.41)	$	(1.24)

Basic earnings per share is calculated using the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated using the weighted average number of common shares and common share equivalents outstanding during the period (which consist of warrants, options, restricted stock awards, restricted stock units and convertible debt to the extent they are dilutive). The weighted average number of common shares outstanding for the three months ended March 31, 2019 excludes 3,112,840 shares repurchased pursuant to a prepaid forward share repurchase agreement associated with the issuance of the convertible senior notes due 2020. These shares were retired on September 13, 2019. Common share equivalents that could potentially dilute basic earnings per share in the future, which were excluded from the computation of diluted earnings per share due to being anti-dilutive, totaled 43,911,044 and 27,048,339 for the three months ended March 31, 2020 and March 31, 2019, respectively.