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Earnings per share (basic and diluted)
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Text Block [Abstract]    
Earnings per share (basic and diluted)

21. Earnings per share (basic and diluted)

The Company implemented a four-to-one reverse share split (or consolidation), effective as of November 30, 2019. The quantity of shares of the comparative periods were adjusted to give effect to this transaction.

 

The following table reflects the net income and share data used in the basic and diluted earnings per share (“EPS”) calculations:

 

     Three months period
ended March 31,		  
     2020      2019  

Net income attributable to Parent company

      396,860        209,215  

Basic weighted average quantity of shares (a)

      551,800        509,247  
  

 

 

     

 

 

  

Basic earnings per share—R$

      0.7192        0.4108  
  

 

 

     

 

 

  

Share-based incentive program (a)

      4,096        —    

Diluted weighted average quantity of shares

      555,896        509,247  
  

 

 

     

 

 

  

Diluted earnings per share—R$

      0.7139        0.4108  
  

 

 

     

 

 

  

 

  (a)

Thousands of shares.

31. Earnings per share (basic and diluted)

The Company implemented a four-to-one reverse share split (or consolidation), effective as of November 30, 2019. The quantity of shares of the comparative periods were adjusted to give effect to this transaction.

 

     2019      2018      2017  

Net income

      1,080,484        461,440        413,874  

Basic weighted average quantity of shares (1)

      511,462        493,117        484,919  

Basic earnings per share

      2,1125        0,9358        0,8535  

Share-based incentive program (1)(2)

      248        —          —    

Diluted weighted average quantity of shares (1)

      511,710        493,117        484,919  

Diluted earnings per share

      2,1115        0,9358        0,8535  

 

(1)

Thousands of shares.
(2)

See Note 30.