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Earnings Per Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic Earnings Per Share
We calculate basic earnings per share by dividing the net income for the period attributable to shareholders of the Parent by the weighted average number of shares outstanding.
Three Months EndedSix Months Ended
June 30, 2019June 30, 2020June 30, 2019June 30, 2020
Net income attributable to shareholders of Criteo S.A.$10,823  $5,716  $29,943  $21,175  
Weighted average number of shares outstanding64,581,476  61,415,467  64,459,867  61,553,875  
Basic earnings per share$0.17  $0.09  $0.46  $0.34  
Diluted Earnings Per Share
We calculate diluted earnings per share by dividing the net income attributable to shareholders of the Parent by the weighted average number of shares outstanding plus any potentially dilutive shares not yet issued from share-based compensation plans (see Note 10). There were no other potentially dilutive instruments outstanding as of June 30, 2019 and June 30, 2020. Consequently, all potential dilutive effects from shares are considered.
For each period presented, a contract to issue a certain number of shares (i.e. share option, non-employee warrant ("BSA"), restricted share unit ("RSU") or employee warrant ("BSPCE") is assessed as potentially dilutive if it is “in the money” (i.e., the exercise or settlement price is lower than the average market price).
Three Months EndedSix Months Ended
June 30,
2019
June 30,
2020
June 30,
2019
June 30,
2020
Net income attributable to shareholders of Criteo S.A.$10,823  $5,716  $29,943  $21,175  
Weighted average number of shares outstanding of Criteo S.A.64,581,476  61,415,467  64,459,867  61,553,875  
Dilutive effect of :
Restricted share awards ("RSUs")737,992  247,062  1,027,671  255,685  
Share options and BSPCE274,298  119,516  305,473  136,651  
Share warrants30,739  8,090  40,631  12,288  
Weighted average number of shares outstanding used to determine diluted earnings per share65,624,505  61,790,135  65,833,642  61,958,499  
Diluted earnings per share$0.16  $0.09  $0.45  $0.34  

The weighted average number of securities that were anti-dilutive for diluted EPS for the periods presented but which could potentially dilute EPS in the future are as follows:
Three Months EndedSix Months Ended
June 30, 2019June 30, 2020June 30, 2019June 30, 2020
Restricted share awards1,305,872  4,183,514  894,012  3,212,368  
Share options and BSPCE2,795  140,513  34,147  70,257  
Weighted average number of anti-dilutive securities excluded from diluted earnings per share 1,308,667  4,324,027  928,159  3,282,625