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Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Schedule of Weighted Average Number of Shares

The following table reconciles net income attributable to WillScot Mobile Mini common shareholders and the weighted average shares outstanding for the basic calculation to the weighted average shares outstanding for the diluted calculation.

			Three Months Ended												Six Months Ended
			June 30												June 30
(in thousands)			2021						2020						2021						2020
Numerator:
Net income attributable to common shareholders - basic			$	20,371					$	(15,473)					$	24,818					$	76,312
Fair value (gain) loss on common stock warrant liabilities			(610)						—						—						(70,021)
Net income (loss) attributable to common shareholders - dilutive			$	19,761					$	(15,473)					$	24,818					$	6,291
Denominator:
Weighted average Common Shares outstanding - basic			228,407						110,692						228,350						110,175
Dilutive effect of shares outstanding
Warrants			5,705						—						4,000						1,805
RSAs			20						—						36						34
Time-based RSUs			599						—						622						107
Performance-based RSUs			725						—						817						215
Stock Options			1,081						—						1,074						—
Weighted average Common Shares outstanding - dilutive			236,537						110,692						234,899						112,336

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potential common shares were excluded from the computation of dilutive EPS because their effect would have been anti-dilutive:

			Three Months Ended												Six Months Ended
			June 30												June 30
(in thousands)			2021						2020						2021						2020
Warrants			—						18,563						—						—
RSAs			—						66						—						—
Time-based RSUs			—						901						—						—
Performance-based RSUs			—						408						—						—
Stock Options			—						534						—						534

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- Definition

Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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