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Earnings (loss) per share (Tables) | 12 Months Ended
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Dec. 31, 2021
Earnings per share [abstract] |
Disclosure of Determining the Numerator of Basic EPS | In determining the numerator of basic EPS, earnings attributable to the Group is allocated as follows:
| 2021 |  | 2020 |  | 2019
Net income (loss) attributable to Owners of the Parent | (1,358,813) |  |  | 854,071 |  |  | 803,232 |
Numerator of basic and diluted EPS | (1,358,813) |  |  | 854,071 |  |  | 803,232 |
As of December 31, 2021, the shares issued in connection with the acquisition of non-controlling interest in PDCA were adjusted to basic and diluted EPS calculation since the acquisition date. The following table contains the earnings per share of the Group for the years ended December 31, 2021, 2020 and 2019 (in thousands except share and per share amounts):
| 2021 |  | 2020 |  | 2019
Numerator of basic EPS | (1,358,813) |  |  | 854,071 |  |  | 803,232 |
Weighted average number of outstanding shares | 308,905,398 |  |  | 289,289,033 |  |  | 277,320,157 |
Denominator of basic EPS | 308,905,398 |  |  | 289,289,033 |  |  | 277,320,157 |
Basic earnings (loss) per share - R$ | (4.40) |  |  | 2.95 |  |  | 2.90 |
Numerator of diluted EPS | (1,358,813) |  |  | 854,071 |  |  | 803,232 |
Share-based payments (i) | — |  |  | 4,448,505 |  |  | 4,845,504 |
Weighted average number of outstanding shares | 308,905,398 |  |  | 289,289,033 |  |  | 277,320,157 |
Denominator of diluted EPS | 308,905,398 |  |  | 293,737,538 |  |  | 282,165,661 |
Diluted earnings (loss) per share - R$ | (4.40) |  |  | 2.91 |  |  | 2.85 |
(i) | Diluted earnings per share are calculated by adjusting the weighted average number of shares outstanding, considering potentially convertible instruments. However, due to the loss for the period ended December 31, 2021, these instruments issued have a non-diluting effect, therefore, they were not considered in the total number of outstanding shares to determine the diluted loss per share.

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