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Net Earnings (Loss) Per Share from Continuing Operations | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
Net Earnings (Loss) Per Share from Continuing Operations |
9. | Net Earnings (Loss) Per Share from Continuing Operations
The following table reconciles net earnings (loss) from continuing operations and weighted-average common shares outstanding used in the calculations of basic and diluted net earnings (loss) per share from continuing operations.
|  | Year Ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2018 |
Net earnings (loss) from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
Net earnings (loss) from continuing operations |  | $ | (2,552 | ) |  | $ | (81 | ) |  | $ | 714 |
Attributable to participating securities |  |  | (4 | ) |  |  | (2 | ) |  |  | (8 | )
Basic and diluted earnings (loss) from continuing operations |  | $ | (2,556 | ) |  | $ | (83 | ) |  | $ | 706 |
Common shares: |  |  |  |  |  |  |  |  |  |  |  |
Common shares outstanding - total |  |  | 383 |  |  |  | 407 |  |  |  | 499 |
Attributable to participating securities |  |  | (6 | ) |  |  | (6 | ) |  |  | (5 | )
Common shares outstanding - basic |  |  | 377 |  |  |  | 401 |  |  |  | 494 |
Dilutive effect of potential common shares issuable |  |  | — |  |  |  | — |  |  |  | 3 |
Common shares outstanding - diluted |  |  | 377 |  |  |  | 401 |  |  |  | 497 |
Net earnings (loss) per share from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (6.78 | ) |  | $ | (0.21 | ) |  | $ | 1.43 |
Diluted |  | $ | (6.78 | ) |  | $ | (0.21 | ) |  | $ | 1.42 |
Antidilutive options (1) |  |  | — |  |  |  | 1 |  |  |  | 1 |
(1) | Amounts represent options to purchase shares of Devon’s common stock that are excluded from the diluted net earnings per share calculations because the options are antidilutive.

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