XML 54 R16.htm IDEA: XBRL DOCUMENT v3.20.1
Earnings per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic EPS excludes dilution and is computed by dividing net income (loss) attributable to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock using the treasury stock method. Potentially dilutive securities (consisting primarily of the Convertible Notes calculated using the if-converted and treasury stock method and warrants, stock options and RSUs calculated using the treasury stock method) are excluded from the diluted EPS computation in loss periods and when the applicable exercise price is greater than the market price on the period end date as their effect would be anti-dilutive.
The calculation of basic and diluted earnings per share was as follows (in thousands, except share and per share data):
 
Year Ended December 31,
 
2019
 
2018
Net loss attributable to common stockholders
$
(40,486
)
 
$
(8,058
)
Weighted-average common shares outstanding
78,322,496

 
66,104,376

Basic and diluted net loss per share
$
(0.52
)
 
$
(0.12
)

For the year ended December 31, 2019, the computation of diluted EPS excluded 34,791,838 shares, primarily related to Convertible Notes, warrants, stock options and RSUs for which the effect would have been anti-dilutive.