LOSS PER SHARE

6 Months Ended

Jun. 30, 2022

LOSS PER SHARE

LOSS PER SHARE

NOTE 12—LOSS PER SHARE

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding. Diluted loss per share includes the effects of unvested RSUs with a service condition only and unvested contingently issuable RSUs and PSUs that have service and performance conditions, if dilutive.

The following table sets forth the computation of basic and diluted loss per common share:

	Three Months Ended				Six Months Ended
(In millions)	June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
Numerator:
Net loss for basic loss per share attributable to AMC Entertainment Holdings, Inc.	$	(121.6)	$	(343.6)	$	(459.0)	$	(910.5)
Net loss for diluted loss per share attributable to AMC Entertainment Holdings, Inc.	$	(121.6)	$	(343.6)	$	(459.0)	$	(910.5)
Denominator (shares in thousands):
Weighted average shares for basic loss per common share		516,821		480,731		516,368		440,644
Weighted average shares for diluted loss per common share		516,821		480,731		516,368		440,644
Basic loss per common share	$	(0.24)	$	(0.71)	$	(0.89)	$	(2.07)
Diluted loss per common share	$	(0.24)	$	(0.71)	$	(0.89)	$	(2.07)

Vested RSUs, PSUs, and special performance stock units (“SPSUs”) have dividend rights identical to the Company’s Common Stock and are treated as outstanding shares for purposes of computing basic and diluted earnings per share. Unvested RSUs of 2,727,867 for the three and six months ended June 30, 2022 and unvested RSUs of 3,812,964 for the three and six months ended June 30, 2021 were not included in the computation of diluted loss per share because they would be anti-dilutive.

Unvested PSUs and SPSUs are subject to performance and market conditions, respectively, and are included in diluted earnings per share, if dilutive, based on the number of shares, if any, that would be issuable under the terms of the Company’s 2013 Equity Incentive Plan if the end of the reporting period were the end of the contingency period. Unvested PSUs of 1,426,728 at certain performance targets for the three and six months ended June 30, 2022, unvested PSUs of 2,161,222 at certain performance targets for the three and six months ended June 30, 2021, and unvested SPSUs of 1,156,656 at the minimum market condition for the three and six months ended June 30, 2021, were not included in the computation of diluted loss per share because they would not be issuable if the end of the reporting period were the end of the contingency period or they would be anti-dilutive.