(Loss) Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Summary of Computation of Net (Loss) Income Per Share

The computation of net (loss) income per share for the years ended December 31, 2021, 2020 and 2019, respectively was as follows:

	December 31,
(in thousands, except per share data)	2021			2020			2019
Net (loss) income attributable to common stockholders
Net (loss) income attributable to Paragon 28, Inc.	$	(13,693	)	$	3,498		$	3,117
Less: Dividends on Series B convertible preferred stock		—			(812	)		—
Net (loss) income attributable to common stockholders	$	(13,693	)	$	2,686		$	3,117
Weighted-average common stock outstanding:
Basic		52,916,711			43,510,185			42,499,735
Dilutive impact of Series A convertible preferred stock		-			13,812,500			13,812,500
Dilutive impact of stock awards outstanding		-			3,083,495			5,150,175
Diluted		52,916,711			60,406,180			61,462,410
(Loss) earnings per share:
Basic	$	(0.26	)	$	0.06		$	0.07
Diluted	$	(0.26	)	$	0.04		$	0.05

Summary of Potentially Dilutive Securities Excluded from Calculation of Diluted Net (Loss) Earnings Per Share Attributable to Common Stockholders

The following outstanding potentially dilutive securities were excluded from the calculation of diluted net (loss) earnings per share attributable to common stockholders because their impact would have been antidilutive for the period presented:

	December 31,
	2021		2020		2019
Stock options		7,953,018		—		—
Restricted stock units		79,886		—		—
Series B convertible preferred stock		—		6,608,700		—