XML 69 R33.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings per share
 12 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings per share
Earnings Per Share
The following table sets forth the computation of basic and diluted income from continuing operations per common share:
 
Year Ended September 30,
(In thousands, except per share data)
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net (loss) income attributable to Evoqua Water Technologies Corp.
$
(9,523
)
 
$
6,135

 
$
2,163

Denominator:
 
 
 
 
 
Denominator for basic net income per common share—weighted average shares
114,703

 
113,944

 
104,964

Effect of dilutive securities:
 
 
 
 
 
Share‑based compensation
—

 
6,221

 
4,724

Denominator for diluted net loss per common share—adjusted weighted average shares
114,703

 
120,165

 
109,688

Basic (loss) income per common share
$
(0.08
)
 
$
0.05

 
$
0.02

Diluted (loss) income per common share
$
(0.08
)
 
$
0.05

 
$
0.02


Since the Company was in a net loss position for the year ended September 30, 2019, there was no difference between the number of shares used to calculate basic and diluted loss per share. Because of their anti-dilutive effect, 3,356 common share equivalents, comprised of employee stock options, have been excluded from the diluted EPS calculation for the year ended September 30, 2019.