16. Earnings Per Share

Basic earnings per share of Class A common stock is computed by dividing net income available to Camping World Holdings, Inc. by the weighted-average number of shares of Class A common stock outstanding during the period. Diluted earnings per share of Class A common stock is computed by dividing net income available to Camping World Holdings, Inc. by the weighted-average number of shares of Class A common stock outstanding adjusted to give effect to potentially dilutive securities.

The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted earnings per share of Class A common stock:


	Three Months Ended
	March 31,
(In thousands except per share amounts)	2019		2018
Numerator:
Net (loss) income	$	(26,807)	$	13,548
Less: net (loss) income attributable to non-controlling interests		7,412		(11,727)
Net (loss) income attributable to Camping World Holdings, Inc. — basic		(19,395)		1,821
Add: reallocation of net income attributable to non-controlling interests from the assumed dilutive effect of stock options and RSUs		—		15
Net (loss) income attributable to Camping World Holdings, Inc. — diluted	$	(19,395)	$	1,836
Denominator:
Weighted-average shares of Class A common stock outstanding — basic		37,195		36,816
Dilutive options to purchase Class A common stock		—		315
Dilutive restricted stock units		—		189
Weighted-average shares of Class A common stock outstanding — diluted		37,195		37,320

(Loss) earnings per share of Class A common stock — basic	$	(0.52)	$	0.05
(Loss) earnings per share of Class A common stock — diluted	$	(0.52)	$	0.05

Weighted-average anti-dilutive securities excluded from the computation of diluted earnings per share of Class A common stock:
Stock options to purchase Class A common stock		859		—
Restricted stock units		1,444		—
Common units of CWGS, LLC that are convertible into Class A common stock		51,673		51,830

Shares of the Company’s Class B common stock and Class C common stock do not share in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted earnings per share of Class B common stock or Class C common stock under the two-class method has not been presented.