Loss Per Share

6 Months Ended

Jun. 30, 2022

19. Loss Per Share

Basic net loss per share of Class A Common Stock is computed by dividing net income attributable to Definitive Healthcare Corp. by the weighted-average number of shares of Class A Common Stock outstanding during the period, excluding unvested equity awards and subsidiary member units not exchanged. Diluted earnings per share of Class A Common Stock is calculated by dividing net income attributable to Definitive Healthcare Corp, adjusted for the assumed exchange of all potentially dilutive securities by the weighted-average number of shares of Class A Common Stock outstanding.

Prior to the IPO, the Definitive OpCo membership structure included Class A and Class B member units. The Company analyzed the calculation of earnings per unit for periods prior to the IPO and determined that it resulted in values that would not be meaningful to the readers of these unaudited condensed consolidated financial statements. Therefore, earnings per share information has not been presented for the three and six months ended June 30, 2021.

The following table sets forth reconciliations of the numerators and denominators used to compute basic and diluted net loss per share of Class A Common Stock for the three and six months ended June 30, 2022.


(in thousands)	Three Months Ended June 30, 2022			Six Months Ended June 30, 2022
Numerator:
Net loss	$	(9,579	)	$	(22,636	)
Less: Net loss attributable to noncontrolling interests		(4,429	)		(8,862	)
Net loss attributable to Definitive Healthcare Corp.	$	(5,150	)	$	(13,774	)

The following table sets forth the computation of basic and diluted net loss per share of Class A Common Stock for the three and six months ended June 30, 2022 (per share amounts unaudited).


(in thousands, except number of shares and per share amounts)	Three Months Ended June 30, 2022			Six Months Ended June 30, 2022
Basic net loss per share attributable to common stockholders
Numerator:
Allocation of net loss attributable to Definitive Healthcare Corp.	$	(5,150	)	$	(13,774	)
Weighted average number of shares of Class A Common Stock outstanding		99,203,697			98,186,909
Net loss per share, basic and diluted	$	(0.05	)	$	(0.14	)

Shares of the Company’s Class B Common Stock do not participate in the earnings or losses of Definitive Healthcare Corp. and are therefore not participating securities. As such, separate presentation of basic and diluted earnings per share of Class B Common Stock under the two-class method has not been presented.

The following table presents potentially dilutive securities excluded from the computation of diluted net loss per share for the period presented because their effect would have been anti-dilutive:


	Six Months Ended June 30, 2022
Definitive OpCo Units (vested and unvested)		54,745,380
Restricted Stock Units		3,762,621