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Loss per Share
6 Months Ended
Jun. 30, 2020
Loss per Share  
Loss per Share

10.          Loss Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

 

For the three months ended

 

For the six months ended

 

 

June 30, 

 

June 30,

 

    

2020

    

2019

    

2020

    

2019

Net loss attributable to Innodata Inc. and Subsidiaries

 

$

(557)

 

$

(653)

 

$

(922)

 

$

(1,105)

 

 

 

  

 

 

 

 

 

  

 

 

  

Weighted average common shares outstanding

 

 

24,409

 

 

25,877

 

 

24,405

 

 

25,877

Dilutive effect of outstanding options

 

 

 —

 

 

 —

 

 

 —

 

 

 —

Adjusted for dilutive computation

 

 

24,409

 

 

25,877

 

 

24,405

 

 

25,877

 

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 7.2 million shares and 5.0 million shares of common stock for the three and six months ended June 30, 2020 and 2019, respectively, were outstanding but not included in the computation of diluted loss per share because the exercise price of the options was greater than the average market price of the common shares and therefore the effect would have been anti-dilutive.