XML 74 R50.htm IDEA: XBRL DOCUMENT v3.20.4

Earnings (loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share from continuing operations are calculated using the following numerators and denominators:

						2020						2019						2018
Basic earnings (loss) per share computation
Income (loss) from continuing operations attributable to common shareholders of Cronos Group						$	(72,487)					$	1,166,869					$	(20,742)
Weighted average number of common shares outstanding						351,576,848						310,067,179						172,269,170
Basic earnings (loss) per share						$	(0.21)					$	3.76					$	(0.12)
Diluted earnings (loss) per share computation
Income (loss) from continuing operations used in the computation of basic earnings (loss) per share						$	(72,487)					$	1,166,869					$	(20,742)
Adjustment for gain on revaluation of derivative liabilities						—						(24,416)						—
Income (loss) from continuing operations used in the computation of diluted income (loss) per share						(72,487)						1,142,453						(20,742)
Weighted average number of common shares outstanding used in the computation of basic earnings (loss) per share						351,576,848						310,067,179						172,269,170
Dilutive effect of warrants						—						19,481,352						—
Dilutive effect of stock options						—						10,649,487						—
Dilutive effect of restricted share units						—						732,972						—
Dilutive effect of Altria Warrant						—						—						—
Dilutive effect of Top-up Rights – exercised and exercisable fixed price						—						1,881,002						—
Weighted average number of common shares for computation of diluted income (loss) per share						351,576,848						342,811,992						172,269,170
Diluted earnings (loss) per share(i)						$	(0.21)					$	3.33					$	(0.12)

(i)In computing diluted earnings per share, incremental common shares are not considered in periods in which a net loss is reported, as the inclusion of the common share equivalents would be anti-dilutive.

Basic and diluted loss per share from discontinued operations are calculated using the following numerators and denominators:

						2020						2019						2018
Basic loss from discontinued operations per share computation
Loss from discontinued operations attributable to common shareholders of Cronos Group						$	(650)					$	(363)					$	(894)
Weighted average number of common shares outstanding						351,576,848						310,067,179						172,269,170
Basic loss from discontinued operations per share(i)						$	0.00					$	0.00					$	(0.01)

(i)In computing diluted earnings per share, incremental common shares are not considered in periods in which a net loss is reported, as the inclusion of the common share equivalents would be anti-dilutive.

Schedule of Antidilutive Securities Excluded from Computation of Diluted Shares Outstanding

The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive or because conditions for contingently issuable shares were not satisfied at the end of the reporting periods.

						2020						2019						2018
Ginkgo Equity Milestones						14,674,904						14,674,904						—
Pre-emptive Rights						11,534,475						12,006,740						—
Top-up Rights – fixed price						17,214,621						25,103,456						—
Top-up Rights – market price						3,413,065						1,255,223						—
Altria Warrant						80,056,296						77,514,993						—
Warrants						15,147,116						—						25,457,623
Stock options						9,218,674						1,315,787						12,902,995
Restricted share units						79,611						—						—
Total anti-dilutive securities						151,338,762						131,871,103						38,360,618

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration