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NET LOSS PER SHARE
12 Months Ended
Feb. 28, 2022
NET LOSS PER SHARE  
NET LOSS PER SHARE

19.         NET LOSS PER SHARE

For the year ended

For the year ended

For the year ended

February 29,

February 28,

February 28,

    

2020

    

2021

    

2022

Numerator:

 

  

 

  

 

  

Net loss attributable to TAL Education Group’s shareholders

$

(110,195)

$

(115,990)

$

(1,136,115)

Numerator used for calculation of diluted net loss per share

$

(110,195)

$

(115,990)

$

(1,136,115)

Denominator:

 

  

 

  

 

  

Weighted average shares outstanding

 

  

 

  

 

  

Basic

 

198,184,370

 

203,603,391

 

214,825,470

 

 

 

Denominator for diluted net loss per share (i)

 

198,184,370

 

203,603,391

 

214,825,470

Net loss per common share attributable to TAL Education Group’s shareholders-basic (ii)

$

(0.56)

$

(0.57)

$

(5.29)

Net loss per common share attributable to TAL Education Group’s shareholders-diluted

$

(0.56)

$

(0.57)

$

(5.29)

(i)For the years ended February 29, 2020, February 28, 2021 and 2022, 11,319,817, 9,479,522 and 9,060,041 potential shares outstanding due to non-vested shares and share options were excluded from the calculation due to their anti-dilutive effect resulted from net loss reported in fiscal year 2020, 2021 and 2022, respectively.
(ii)The Company’s common shares are divided into Class A and Class B common shares. Holders of Class A and Class B common shares have the same dividend rights. Therefore, the Company does not present earnings per share for each separate class.