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Earnings Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the reconciliations of the numerators and denominators for the Company’s basic and diluted earnings per share calculations for the years ended December 31, 2019, 2018, and 2017.

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to Chemours

 

$

(52

)

 

$

995

 

 

$

746

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding - basic

 

 

164,816,839

 

 

 

176,968,554

 

 

 

184,844,106

 

Dilutive effect of the Company’s employee compensation plans (1)

 

 

 

 

 

5,603,467

 

 

 

6,139,885

 

Weighted-average number of common shares outstanding - diluted (1)

 

 

164,816,839

 

 

 

182,572,021

 

 

 

190,983,991

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) earnings per share of common stock

 

$

(0.32

)

 

$

5.62

 

 

$

4.04

 

Diluted (loss) earnings per share of common stock (1)

 

 

(0.32

)

 

 

5.45

 

 

 

3.91

 

 

(1)

In periods where the Company incurs a net loss, the impact of potentially dilutive securities is excluded from the calculation of earnings per share as its inclusion would have an anti-dilutive effect.

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The following table sets forth the average number of stock options that were anti-dilutive and, therefore, were not included in the Company’s diluted earnings per share calculations for the years ended December 31, 2019, 2018, and 2017.

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Average number of stock options

 

 

2,206,609

 

 

 

393,016

 

 

 

43,072