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Loss per Share
12 Months Ended
Dec. 31, 2019
Loss per Share  
Loss per Share

12.             Loss per Share

 

 

 

 

 

 

 

 

 

 

For the Years Ended

 

 

December 31,

 

 

 

 

 

2018

 

    

2019

    

(Restated)

 

 

 

 

 

 

 

 

 

(in thousands)

 

 

 

 

 

 

 

Net loss attributable to Innodata Inc. and Subsidiaries

 

$

(1,602)

    

$

(253)

Weighted average common shares outstanding

 

 

25,774

 

 

25,878

Dilutive effect of outstanding options

 

 

 —

 

 

 —

Adjusted for dilutive computation

 

 

25,774

 

 

25,878

 

Basic loss per share is computed using the weighted-average number of common shares outstanding during the year. Diluted loss per share is computed by considering the impact of the potential issuance of common shares, using the treasury stock method, on the weighted average number of shares outstanding. For those securities that are not convertible into a class of common stock, the two-class method of computing loss per share is used.

Options to purchase 6.8 million and 5.0 million shares of common stock for the years ended December 31, 2019 and 2018, respectively, were outstanding but not included in the computation of diluted loss per share because the effect would have been anti-dilutive.