Earnings Per Share

3 Months Ended

Mar. 31, 2020

EARNINGS PER SHARE

Stratus’ basic net (loss) income per share of common stock was calculated by dividing the net (loss) income attributable to common stockholders by the weighted-average shares of common stock outstanding during the period. A reconciliation of net (loss) income and weighted-average shares of common stock outstanding for purposes of calculating diluted net (loss) income per share (in thousands, except per share amounts) follows:



	Three Months Ended
	March 31,
	2020			2019


Net (loss) income and total comprehensive (loss) income attributable to common stockholders	$	(1,070)		$	862

Basic weighted-average shares of common stock outstanding	8,200			8,167

Add shares issuable upon exercise or vesting of dilutive stock options and restricted stock units (RSUs)	—		^a	46		^b


Diluted weighted-average shares of common stock outstanding	8,200			8,213

Net (loss) income per share attributable to common stockholders:


Basic	$	(0.13)		$	0.11




Diluted	$	(0.13)		$	0.10

a.Excludes 78 thousand shares of common stock associated with RSUs and stock options that were anti-dilutive as a result of the net loss.

b.Excludes 31 thousand shares of common stock associated with RSUs that were anti-dilutive.