NET LOSS PER SHARE ATTRIBUTABLE TO STOCKHOLDERS

6 Months Ended

Jun. 30, 2019

NET LOSS PER SHARE ATTRIBUTABLE TO STOCKHOLDERS

NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO STOCKHOLDERS

Net Income (Loss) Per Share

Basic net income (loss) per common share attributable to Altice USA stockholders is computed by dividing net income (loss) attributable to Altice USA stockholders by the weighted average number of common shares outstanding during the period. Diluted income per common share attributable to Altice USA stockholders reflects the dilutive effects of stock options and restricted stock. For such awards that are performance based, the diluted effect is reflected upon the achievement of the performance criteria.

The following table presents a reconciliation of weighted average shares used in the calculations of the basic and diluted income per share attributable to Altice USA stockholders for the three and six months ended June 30, 2019:



	Three Months Ended June 30, 2019	Six Months Ended June 30, 2019
	(in thousands)
Basic weighted average shares outstanding	668,031	681,703
Effect of dilution:
Stock options	566	285
Restricted stock	51	26
Diluted weighted average shares outstanding	668,648	682,014

For the three and six months ended June 30, 2019, the weighted average of anti-dilutive shares of approximately 1,292,000 and 6,350,000 shares have been excluded from diluted weighted average shares outstanding.

Diluted net loss per common share attributable to Altice USA stockholders for the three and six months ended June 30, 2018 excludes the effects of the weighted average common stock equivalents of approximately 5,512,000 shares and 4,073,000 shares, respectively, as they are anti-dilutive.