Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2019

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.}