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Earnings per share (EPS) | 12 Months Ended
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Dec. 31, 2021
Earnings per share (EPS) |
| 18 | Earnings per share (EPS)
Basic EPS is calculated by dividing net income attributable to the equity holders of the Company by the weighted average number of common shares outstanding during the period. Diluted EPS is calculated by dividing net income attributable to the equity holders of the parent by the weighted average number of common shares outstanding during the period plus the weighted average number of shares that would be issued on conversion of all potential shares with dilutive effects. Diluted earnings per share are computed including stock options granted to key management using the treasury shares method when the effect is dilutive. The Company has the stock option plan in the category of potentially dilutive shares. The following table reflects the net income and share data used in the basic and diluted EPS calculations: Schedule of earnings per share
| 2021 | 2020 | 2019
Numerator |  |  |
Net income attributable to equity holders of the parent | 223,326 | 292,075 | 153,916
Denominator |  |  |
Weighted average number of outstanding shares | 93,291,480 | 92,683,848 | 75,969,797
Effects of dilution from stock options | 811,818 | 951,920 | 221,846
Weighted average number of outstanding shares adjusted for the effect of dilution | 94,103,298 | 93,635,768 | 76,191,643
Basic earnings per share (R$) | 2.39 | 3.15 | 2.03
Diluted earnings per share (R$) | 2.37 | 3.12 | 2.02

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2021-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS33_g70-73A_TI -URIDate 2021-03-24 + Details
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