XML 62 R22.htm IDEA: XBRL DOCUMENT v3.21.1
Earnings per share
12 Months Ended
Dec. 31, 2020
Earnings per share  
Earnings per share

Note 17 – Earnings per share

Basic and diluted loss per share attributable to Curaleaf Holdings, Inc. was calculated as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Year ended

 

 

December 31, 

 

December 31, 

 

    

2020

    

2019

    

2020

    

2019

Numerator:

 

 

  

 

 

  

 

 

 

 

 

 

Net loss

 

$

(35,109)

 

$

(27,152)

 

$

(61,328)

 

$

(69,848)

Less:  Net income (loss) attributable to redeemable non-controlling interest

 

 

165

 

 

(591)

 

 

407

 

 

(2,604)

Net loss attributable to Curaleaf Holdings, Inc. — basic and diluted

 

$

(35,274)

 

$

(26,561)

 

$

(61,735)

 

$

(67,244)

Denominator:

 

 

  

 

 

  

 

 

 

 

 

 

Weighted average common shares outstanding — basic and diluted

 

 

660,398,593

 

 

468,445,941

 

 

557,192,899

 

 

462,911,053

Loss per share — basic and diluted

 

$

(0.05)

 

$

(0.06)

 

$

(0.11)

 

$

(0.15)

 

The Company’s potentially dilutive securities, which include stock options to purchase shares of the Company, have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share attributable to shareholders is the same. The Company excluded the following potential shares, presented based on amounts outstanding at each period end, from the computation of diluted loss per share attributable to Curaleaf, Inc. for the periods indicated because including them would have had an anti-dilutive effect:

 

 

 

 

 

 

 

Year ended

 

 

December 31, 

 

    

2020

    

2019

Options to purchase SVS

 

25,315,627

 

26,919,615

 

There were no shares of stock held in escrow as of December 31, 2020. As of December 31, 2019, the Company had 688,349 shares held in escrow in connection with the Eureka acquisition.