EARNINGS PER SHARE AND REDEEMABLE NONCONTROLLING INTERESTS (Tables)

9 Months Ended

Sep. 30, 2022

EARNINGS PER SHARE AND REDEEMABLE NONCONTROLLING INTERESTS

Schedule of computation of basic and diluted earnings per share

The following table reconciles the numerator and denominator in the computations of basic and diluted earnings per share (in thousands):

	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Numerator:
Net income (loss) attributable to ATN International, Inc. stockholders		(2,783)		(2,619)		(4,255)		2,103
Less: Preferred dividends		1,192		846		3,462		846
Net income (loss) attributable to ATN International, Inc. common stockholders	$	(3,975)	$	(3,465)	$	(7,717)	$	1,257
Denominator:
Weighted-average shares outstanding- Basic		15,763		15,860		15,746		15,891
Effective of dilutive securities:
Stock options, restricted stock units and performance stock units		—		—		—		10
Weighted-average shares outstanding- Diluted		15,763		15,860		15,746		15,901

Schedule of rollforward activity related to the Company's redeemable noncontrolling interests

	Redeemable Preferred Units		Redeemable Common Units		Total Redeemable Noncontrolling Interests
Balance, December 31, 2021	$	50,296	$	22,640	$	72,936
Accrued preferred dividend		3,462		—		3,462
Allocated net loss		—		(2,762)		(2,762)
Change in fair value		—		2,762		2,762
Balance, September 30, 2022	$	53,758	$	22,640	$	76,398