XML 61 R45.htm IDEA: XBRL DOCUMENT
v3.20.2

Basic and Diluted Loss per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Earnings Per Share [Abstract] |
Schedule of Calculation of Basic and Diluted Loss Per Share | The following table presents the calculation of basic and diluted loss per share for the periods following the Reorganization Transactions under the two-class method. See Note 1 for additional information related to basic and diluted loss per share. Prior to the Reorganization Transactions and IPO, the Shift4 Payments, LLC membership structure included Class A Common units and Class B Common units. The Company analyzed the calculation of net loss per unit for periods prior to the IPO and determined that it resulted in values that would not be meaningful to the users of these unaudited consolidated financial statements. Therefore, loss per unit information has not been presented for the three and six months ended June 30, 2019. The basic and diluted loss per share for the three and six months ended June 30, 2020 represents only the period from June 5, 2020 to June 30, 2020, the period where the Company had outstanding Class A and Class C common stock. Basic loss per share has been computed by dividing net loss attributable to common shareholders for the period subsequent to the Reorganization Transactions by the weighted average number of shares of common stock outstanding for the same period. Shares issued during the period and shares reacquired during the period are weighted for the portion of the period in which the shares were outstanding. Diluted loss per share has been computed in a manner consistent with that of basic loss per share while giving effect to all shares of potentially dilutive common stock that were outstanding during the period.
|  | June 5, 2020 through June 30, 2020 |
Net loss |  | $ | (2.1 | )
Net loss attributable to noncontrolling interests |  | $ | (1.0 | )
Net loss attributable to Shift4 Payments, Inc. |  | $ | (1.1 | )
Numerator - Basic and Diluted: |  |  |  |
Net loss attributable to common shareholders |  | $ | (1.1 | )
Allocation of net loss among common shareholders: |  |  |  |
Net loss allocated to Class A common stock |  | $ | (0.5 | )
Net loss allocated to Class C common stock |  | $ | (0.6 | )
Denominator - Basic and Diluted: |  |  |  |
Weighted average shares of Class A common stock outstanding |  |  | 19,002,563 |
Weighted average shares of Class C common stock outstanding |  | 20,139,163 |
Net loss per share - Basic and Diluted: |  |  |  |
Class A common stock |  | $ | (0.03 | )
Class C common stock |  | $ | (0.03 | )

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration