Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2022

Earnings (Loss) Per Share [Abstract]

Earnings (Loss) Per Share

NOTE 4 – EARNINGS (LOSS) PER SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per share and a reconciliation of the weighted average number of common and common equivalent shares outstanding for the three years ended December 31, 2022:

(Dollars in thousands, except share and per share data)	2022		2021		2020
Numerator:
Net income (loss) attributable to Reading International, Inc.	$	(36,184)	$	31,921	$	(65,200)
Denominator:
Weighted average shares of common stock – basic		22,020,921		21,801,719		21,749,155
Weighted average dilutive impact of stock-based awards		935,324		605,097		466,356
Weighted average shares of common stock – diluted		22,956,245		22,406,816		22,215,511
Basic earnings (loss) per share	$	(1.64)	$	1.46	$	(3.00)
Diluted earnings (loss) per share	$	(1.64)	$	1.42	$	(3.00)
Awards excluded from diluted earnings (loss) per share		327,498		517,344		674,676

Outstanding awards of 327,498 for the year ended December 31, 2022 and 674,676 for the year ended December 31, 2020, were excluded from the computation of dilutive shares, as they were anti-dilutive because of the net loss from continuing operations.