NET (LOSS) INCOME PER SHARE

9 Months Ended

Sep. 30, 2021

NOTE 18. NET (LOSS) INCOME PER SHARE

The following is a reconciliation of the numerator and denominator of basic and diluted net (loss) income per share for the three and nine months ended September 30, 2021 and 2020 (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Numerator:
(Loss) income from continuing operations	$	(49,289)	$	(68,974)	$	(12,414)	$	106,217


Loss from discontinued operations, net of tax	(27,918)		(6,913)		(38,769)		(41,616)
Net (loss) income	$	(77,207)	$	(75,887)	$	(51,183)	$	64,601
Denominator:
For basic per share data—weighted average shares	233,578		230,040		232,487		228,985
Dilutive effect of ordinary share equivalents	—		—		—		4,394

For diluted per share data—weighted average shares	233,578		230,040		232,487		233,379

Basic per share amounts are computed based on the weighted average number of ordinary shares outstanding during the period. Diluted per share amounts are computed based on the weighted average number of ordinary shares outstanding and, if there is net income from continuing operations during the period, the dilutive effect of ordinary share equivalents outstanding during the period.

The dilutive effect of ordinary share equivalents is measured using the treasury stock method. Stock options and awards that have been issued but for which a grant date has not yet been established are not considered in the calculation of basic or diluted weighted average shares.

The following table presents, for the three and nine months ended September 30, 2021 and 2020, outstanding stock options and stock awards that could potentially dilute income per share amounts in the future that were not included in the computation of diluted income per share amounts for the periods presented because to do so would have been antidilutive (in thousands):


	Three Months Ended September 30,		Nine Months Ended September 30,
	2021	2020	2021	2020
Stock options	6,532	7,021	6,626	7,096
Stock awards	8,668	6,887	9,570	6,376