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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share  
Earnings Per Share

(4)

Earnings Per Share

The following table sets forth the computation of the Company's basic and diluted net loss per Class A common share (in thousands, except share and per share data):

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​

​

​

​

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Three Months Ended March 31,

​

Three Months Ended March 31,

​

​

2020

​

2019

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​

​

​

​

​

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Numerator:

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​

​

​

​

​

Net loss attributable to EVO Payments, Inc.

​

$

(4,808)

​

$

(5,290)

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​

​

​

​

​

​

Denominator:

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​

​

​

​

Weighted-average Class A common stock outstanding

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41,259,398

​

 

26,365,552

Effect of dilutive securities

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—

​

 

—

Total dilutive securities

​

​

41,259,398

​

​

26,365,552

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​

​

​

​

​

​

Earnings per share:

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​

​

​

​

​

Basic

​

$

(0.12)

​

$

(0.20)

Diluted

​

$

(0.12)

​

$

(0.20)

​

​

​

​

​

​

​

Anti-dilutive securities:

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​

​

​

​

​

Stock options

​

​

3,913,049

​

​

2,342,168

RSUs

​

​

1,027,873

​

​

601,050

RSAs

​

​

4,791

​

​

34,880

Class C common stock

​

​

2,318,944

​

​

2,449,055

Class D common stock

​

​

4,344,758

​

​

16,306,954

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Earnings per share is not separately presented for Class B common stock, Class C common stock, and Class D common stock since they have no economic rights to the earnings of the Company. Class B common stock is not considered when calculating dilutive EPS as this class of common stock may not convert to Class A common stock. Class C common stock and Class D common stock are considered in the calculation of dilutive EPS on an if-converted basis as these classes, together with the related LLC Interests, have exchange rights into Class A common stock that could result in additional Class A common stock being issued. However, the Company is in a net loss position, as such, Class C common stock and Class D common stock are anti-dilutive. All other potentially dilutive securities are determined based on the treasury stock method. Refer to Note 19, “Shareholders’ Equity”, for further information on rights to each class of stock.