Earnings Per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share

Earnings Per Share

(4) Earnings Per Share

The following table sets forth the computation of the Company's basic and diluted earnings per share of Class A common stock, as well as the anti-dilutive shares excluded (in thousands, except share and per share data):

	Three Months Ended June 30,		Six Months Ended June 30,		Three Months Ended June 30,		Six Months Ended June 30,
	2022				2021
Numerator:
Net income attributable to EVO Payments, Inc.	$	4,353	$	6,936	$	3,163	$	2,321
Less: Accrual of redeemable preferred stock paid-in-kind dividends		2,603		5,137		2,445		4,827
Less: Allocation of undistributed earnings to preferred shares		324		332		129		—
Undistributed income (loss) attributable to shares of Class A common stock	$	1,426	$	1,467	$	589	$	(2,506)
Denominator:
Weighted-average Class A common stock outstanding		47,862,425		47,702,066		47,038,194		46,775,245
Effect of dilutive securities		752,707		—		—		—
Total dilutive securities		48,615,132		47,702,066		47,038,194		46,775,245
Earnings per share:
Basic	$	0.03	$	0.03	$	0.01	$	(0.05)
Diluted	$	0.03	$	0.03	$	0.01	$	(0.05)
Weighted-average anti-dilutive securities:
Redeemable preferred stock		152,250		152,250		152,250		152,250
Stock options		—		5,718,225		6,081,132		5,785,041
RSUs		—		1,651,492		1,451,977		1,369,429
RSAs		—		145		291		621
PSUs		302,374		212,163		—		—
Class C common stock		—		—		965,197		1,328,614
Class D common stock		3,783,074		3,783,074		2,934,418		2,655,306