INCOME/(LOSS) PER COMMON SHARE

12 Months Ended

Dec. 31, 2020

12. INCOME/(LOSS) PER COMMON SHARE

The following table provides a reconciliation between basic and diluted loss per common share:


	For the Years Ended December 31,
		2020		2019
Net income/(loss) attributable to Golden Star shareholders used in calculating basic income/(loss) per share:
From continuing operations		38,518		5,317
From discontinued operations (Note 5)		(90,658)		(72,751)
		(52,140)		(67,434)
Diluted income/(loss)
Net income from continuing operations attributable to Golden Star shareholders:
Used in calculating basic income/(loss) per share		38,518		5,317
Adjustments:
Interest expense on 7% Convertible Debentures		3,615		—
Accretion of 7% Convertible Debentures discount (Note 10)		2,733		—
Gain on fair value of 7% Convertible Debentures embedded derivative (Note 24)		(2,965)		—

Used in calculating diluted income/(loss) per share		41,901		5,317
Net loss from discontinued operations attributable to Golden Star Shareholders		(90,658)		(72,751)
Loss attributable to Golden Star shareholders used in calculating diluted income/(loss) per share		(48,757)		(67,434)

Weighted average number of basic shares (millions)		110.3		109.0
Dilutive securities:
Options		0.1		0.8
Deferred share units		1.3		1.2
Performance and restricted share units		0.4		1.0
UK performance share units		1.3		—
7% Convertible Debentures		11.4		—
Weighted average number of diluted shares (millions)		124.8		112.0

Basic income/(loss) per share
From continuing operations		$	0.35	$	0.05
From discontinued operations		$	(0.82)	$	(0.67)
Basic loss per share attributable to Golden Star shareholders		$	(0.47)	$	(0.62)

Diluted income/(loss) per share
From continuing operations		$	0.34	$	0.05
From discontinued operations		$	(0.82)	$	(0.67)
Diluted loss per share attributable to Golden Star shareholders		$	(0.47)	$	(0.62)