| Schedule of Computation of Basic and Diluted Net Earnings (Loss) Per Share |
The following table presents the computation of basic and diluted net earnings per share attributable to SolarEdge Technologies, Inc. for the periods presented (in thousands, except share and per share data):
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Three months ended
June 30, |
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Six months ended
June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
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Unaudited |
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Unaudited |
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Basic EPS: |
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Numerator: |
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|
|
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Net income |
|
$ |
32,913 |
|
|
$ |
34,568 |
|
|
$ |
50,888 |
|
|
$ |
70,254 |
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Net loss attributable to Non-controlling interests |
|
|
215 |
|
|
|
- |
|
|
|
1,256 |
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|
|
- |
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Net income attributable to SolarEdge Technologies, Inc. |
|
$ |
33,128 |
|
|
$ |
34,568 |
|
|
$ |
52,144 |
|
|
$ |
70,254 |
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|
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Denominator: |
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Shares used in computing net earnings per share of common stock, basic |
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|
47,683,799 |
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|
|
45,216,253 |
|
|
|
47,353,401 |
|
|
|
44,726,382 |
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| |
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|
|
|
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Diluted EPS: |
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Numerator: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Net income |
|
$ |
32,913 |
|
|
$ |
34,568 |
|
|
$ |
50,888 |
|
|
$ |
70,254 |
|
|
Net loss attributable to Non-controlling interests |
|
|
215 |
|
|
|
- |
|
|
|
1,256 |
|
|
|
- |
|
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Undistributed earnings reallocated to non-vested stockholders |
|
|
(220 |
) |
|
|
- |
|
|
|
(304 |
) |
|
|
- |
|
|
Net income attributable to SolarEdge Technologies, Inc. |
|
$ |
32,908 |
|
|
$ |
34,568 |
|
|
$ |
51,840 |
|
|
$ |
70,254 |
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Denominator: |
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|
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|
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|
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|
|
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Shares used in computing net earnings per share of common stock, basic |
|
|
47,683,799 |
|
|
|
45,216,253 |
|
|
|
47,353,401 |
|
|
|
44,726,382 |
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Weighted average effect of dilutive securities: |
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|
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|
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Non-vested PSU’S |
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|
(334,096 |
) |
|
|
- |
|
|
|
(289,796 |
) |
|
|
- |
|
|
Effect of stock-based awards |
|
|
2,590,331 |
|
|
|
3,075,027 |
|
|
|
2,294,675 |
|
|
|
3,258,435 |
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Shares used in computing net earnings per share of common stock, diluted |
|
|
49,940,034 |
|
|
|
48,291,280 |
|
|
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49,358,280 |
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|
|
47,984,817 |
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