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INCOME PER SHARE
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
INCOME PER SHARE INCOME PER SHARE
The Company calculates basic net income per share using, as the denominator, the weighted average number of common shares outstanding during the period. Diluted net income per share uses, as its denominator, the weighted average number of common shares outstanding during the period plus the effect of potential dilutive shares during the period.
Potential dilutive common shares include stock options, Restricted Share Units (“RSUs”), RSU Replacement Units, and convertible notes for periods in which the Company has reported net income.
The calculations of basic and diluted net income per share attributable to stockholders of the Company for the three months ended March 31, 2022 and 2021 are based on the following (in thousands):
Three Months Ended March 31,
20222021
Net income$76,106 $127,451 
Net (income) loss attributable to non-controlling interest
(8,543)(18,590)
Net income attributable to shareholders of SSR Mining
67,563 108,861 
Interest saving on convertible notes, net of tax
1,215 1,575 
Net income used in the calculation of diluted net income per share
$68,778 $110,436 
 
Weighted average number of common shares outstanding212,423 219,792 
Adjustments for dilutive instruments:
Stock options
9 152 
Restricted share units
88 73 
Convertible notes
12,216 12,152 
Diluted weighted average number of common shares outstanding
224,736 232,169 
 
Net income per share attributable to common shareholders
Basic
$0.32 $0.50 
Diluted
$0.31 $0.48