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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Reconciliation of the Numerator and Denominator of Basic and Diluted Earnings (Loss) Per Share The following is a reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share for the years ended December 31, 2019, 2018, and 2017:

(In thousands except per share data)

 

Year Ended December 31,

 

Numerator:

 

2019

 

 

2018

 

 

2017

 

Income (loss) from continuing operations attributable to Tivity Health,

   Inc. - numerator for earnings (loss) per share

 

$

(286,821

)

 

$

97,902

 

 

$

61,230

 

Net income from discontinued operations attributable to

   Tivity Health, Inc. - numerator for earnings (loss) per share

 

 

 

 

 

901

 

 

 

2,485

 

Net income (loss) attributable to Tivity Health, Inc. - numerator for

   earnings (loss) per share

 

$

(286,821

)

 

$

98,803

 

 

$

63,715

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares used for basic income (loss) per share

 

 

46,509

 

 

 

40,078

 

 

 

39,357

 

Effect of dilutive stock options and restricted stock units

   outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Non-qualified stock options

 

 

 

 

 

264

 

 

 

436

 

Restricted stock units

 

 

 

 

 

299

 

 

 

549

 

Warrants related to Cash Convertible Notes

 

 

 

 

 

2,013

 

 

 

1,709

 

Market stock units

 

 

 

 

 

419

 

 

 

496

 

Shares used for diluted income (loss) per share (1)

 

 

46,509

 

 

 

43,073

 

 

 

42,547

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share attributable to Tivity Health, Inc. - basic:

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(6.17

)

 

$

2.44

 

 

$

1.56

 

Discontinued operations

 

$

 

 

$

0.02

 

 

$

0.06

 

Net income (loss) (2)

 

$

(6.17

)

 

$

2.47

 

 

$

1.62

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share attributable to Tivity Health, Inc. -

   diluted: (1)

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

(6.17

)

 

$

2.27

 

 

$

1.44

 

Discontinued operations

 

$

 

 

$

0.02

 

 

$

0.06

 

Net income (loss)

 

$

(6.17

)

 

$

2.29

 

 

$

1.50

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dilutive securities outstanding not included in the computation of

   earnings (loss) per share because their effect is anti-dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

Non-qualified stock options

 

 

159

 

 

 

56

 

 

 

4

 

Restricted stock units

 

 

681

 

 

 

36

 

 

 

12

 

Restricted stock awards

 

 

102

 

 

 

 

 

 

 

Performance-based stock units

 

 

15

 

 

 

 

 

 

 

 

 

(1)

The impact of potentially dilutive securities for the year ended December 31, 2019 was not considered because the impact would be anti-dilutive.

 

(2)

Figures may not add due to rounding.