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Earnings per share
9 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings per share
Earnings Per Share
The following table sets forth the computation of basic and diluted income (loss) from continuing operations per common share (in thousands, except per share amounts):
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
2017
 
2018
 
2017
 
2018
Numerator:
 
 
 
 
 
 
 
Numerator for basic and diluted income (loss) per common share—Net income (loss) attributable to Evoqua Water Technologies Corp.
$
1,503

 
$
793

 
$
(8,898
)
 
$
9,585

Denominator:
 
 
 
 
 
 
 
Denominator for basic net income (loss) per common share—weighted average shares
104,821

 
113,842

 
104,821

 
113,842

Effect of dilutive securities:
 
 
 
 
 
 
 
Share‑based compensation
3,164

 
5,205

 

 
6,094

Denominator for diluted net income (loss) per common share—adjusted weighted average shares
107,985

 
119,047

 
104,821

 
119,936

Basic income (loss) attributable to Evoqua Water Technologies Corp. per common share
$
0.01

 
$
0.01

 
$
(0.08
)
 
$
0.08

Diluted income (loss) attributable to Evoqua Water Technologies Corp. per common share
$
0.01

 
$
0.01

 
$
(0.08
)
 
$
0.08


Since the Company was in a net loss position for the nine months ended June 30, 2017, there was no difference between the number of shares used to calculate basic and diluted loss per share. Because of their anti-dilutive effect, 8,824 common share equivalents, comprised of employee stock options, have been excluded from the diluted EPS calculation for the nine months ended June 30, 2017.