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Income (Loss) Per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Income (Loss) Per Share

Note 12. Income (Loss) per Share

The following is a reconciliation of the basic and diluted income (loss) per share computations:

 

 

Year Ended December 31,

 

 

2021

 

 

2020

 

 

2019

 

 

(in thousands, except per share data)

 

Net income (loss) attributable to Fulgent

$

507,364

 

 

$

214,310

 

 

$

(411

)

Weighted-average common shares - outstanding, basic

 

29,408

 

 

 

22,694

 

 

 

18,709

 

Weighted-average common shares - outstanding, diluted

 

30,976

 

 

 

24,056

 

 

 

18,709

 

Net income (loss) per common share, basic

$

17.25

 

 

$

9.44

 

 

$

(0.02

)

Net income (loss) per common share, diluted

$

16.38

 

 

$

8.91

 

 

$

(0.02

)

 

The following securities have been excluded from the calculation of diluted loss per share for all periods presented because their effect would have been anti-dilutive:

 

 

Year Ended December 31,

 

 

2021

 

 

2020

 

 

2019

 

 

(in thousands)

 

Options

 

5

 

 

 

10

 

 

 

36

 

RSUs

 

182

 

 

 

347

 

 

 

161

 

 

The anti-dilutive shares described above were calculated using the treasury stock method.