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Loss Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Loss Per Share

13. LOSS PER SHARE

 

Basic loss per ordinary share is calculated based upon net loss available to holders of ordinary shares divided by the weighted average number of shares outstanding. For the three and nine months ended September 30, 2022 and 2021, as the Company was in a net loss position, the diluted loss per share calculation did not assume conversion or exercise of stock options and restricted stock unit awards, as they would have had an anti-dilutive effect on loss per share.
 

The following potential ordinary share equivalents were not included in the net loss per share calculation because the effect would have been anti-dilutive:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Stock options

 

 

13,031

 

 

 

11,827

 

 

 

12,784

 

 

 

15,344

 

Restricted stock unit awards

 

 

4,922

 

 

 

4,714

 

 

 

5,459

 

 

 

3,532

 

Total

 

 

17,953

 

 

 

16,541

 

 

 

18,243

 

 

 

18,876