INCOME (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of Earnings Per Share, Basic and Diluted

The calculations of basic and diluted net income (loss) per share attributable to stockholders of the Company for the three and nine months ended September 30, 2022 and 2021 are based on the following (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Net income (loss)	$	(28,372)	$	64,179	$	115,251	$	269,423
Net (income) loss attributable to non-controlling interest		2,579		(7,119)		(14,995)		(28,782)
Net income (loss) attributable to shareholders of SSR Mining		(25,793)		57,060		100,256		240,641
Interest saving on convertible notes, net of tax		—		1,226		3,677		3,662
Net income (loss) used in the calculation of diluted net income per share	$	(25,793)	$	58,286	$	103,933	$	244,303

Weighted average number of common shares issued		207,983		213,426		210,986		217,392
Adjustments for dilutive instruments:
Stock options		—		46		5		53
Restricted share units		—		40		59		55
Convertible notes		—		12,177		12,493		12,152
Diluted weighted average number of shares outstanding		207,983		225,689		223,543		229,652

Net income (loss) per share attributable to common shareholders
Basic	$	(0.12)	$	0.27	$	0.48	$	1.11
Diluted	$	(0.12)	$	0.26	$	0.46	$	1.06