Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.21.2
Net Loss Per Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Net Loss Per Share Net Loss Per Share
          Basic net loss per common share is computed by dividing the net loss relevant to the common stockholders by the weighted average number of common shares outstanding during the period. Diluted net loss per common share uses the same net loss divided by the sum of the weighted average number of shares of common stock outstanding during the period, plus dilutive effects of options, performance and restricted stock units outstanding during the period calculated using the treasury method and the potential dilutive effects of preferred stocks (if any) calculated using the if-converted method.
          The table below shows the calculations for the three and six months ended June 30, 2021 and 2020, (in thousands, except for per share data):
Three Months Ended June 30,
2021 2020
Numerator (both basic and diluted)
Net loss relevant to common stockholders $ (8,511) $ (25,920)
Denominator
Denominator for basic loss per share 102,398  100,821 
Dilutive effect of stock options —  — 
Dilutive effect of performance share units —  — 
Dilutive effect of restricted stock units —  — 
Denominator for diluted loss per share 102,398  100,821 
Basic loss per share $ (0.08) $ (0.26)
Diluted loss per share $ (0.08) $ (0.26)
Six Months Ended June 30,
2021 2020
Numerator (both basic and diluted)
Net loss relevant to common stockholders $ (28,886) $ (33,724)
Denominator
Denominator for basic loss per share 101,976  100,754 
Dilutive effect of stock options —  — 
Dilutive effect of performance share units —  — 
Dilutive effect of restricted stock units —  — 
Denominator for diluted loss per share 101,976  100,754 
Basic loss per share $ (0.28) $ (0.33)
Diluted loss per share $ (0.28) $ (0.33)
             As shown in the table below, the following stock options, restricted stock units and performance stock units outstanding as of June 30, 2021 and 2020, respectively, have not been included in the calculation of diluted loss per common share for the three and six months ended June 30, 2021 and 2020 because they will be anti-dilutive to the calculation of diluted net loss per common share:
(In thousands)
2021 2020
Stock options 995  4,224 
Restricted stock units 1,380  1,269 
Performance stock units 1,489  1,051 
Total 3,864  6,544