XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings (Loss) Per Share | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Earning (Loss) Per Share | Earnings (Loss) Per Share
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands except share data and per share amount) | 2023 |  | 2022 |  | 2023 |  | 2022
Basic |  |  |  |  |  |  |
Net (loss) | $ | (18,698) |  |  | $ | (21,226) |  |  | $ | (53,262) |  |  | $ | (44,096) |
Less: net (loss) attributable to non-controlling interest | (5,196) |  |  | (6,740) |  |  | (15,208) |  |  | (13,395) |
Net (loss) available for basic common shares | $ | (13,502) |  |  | $ | (14,486) |  |  | $ | (38,054) |  |  | $ | (30,701) |
Weighted-average shares of Class A common stock outstanding - basic and diluted | 46,229,672 |  |  | 42,210,186 |  |  | 45,095,417 |  |  | 41,592,783 |
(Loss) per share of Class A common stock - basic and diluted | $ | (0.29) |  |  | $ | (0.34) |  |  | $ | (0.84) |  |  | $ | (0.74) |
Potentially dilutive shares, which are based on the weighted-average shares of underlying unvested QLH restricted Class B-1 units, restricted Class A shares, restricted stock units, and PRSUs using the treasury stock method and the outstanding QLH restricted Class B-1 units using the if-converted method, are included when calculating diluted net loss per share attributable to MediaAlpha, Inc. when their effect is dilutive. The effects of the Company’s potentially dilutive securities were not included in the calculation of diluted loss per share as the effect would be anti-dilutive. The following table summarizes the shares and units with a potentially dilutive impact:
| As of
| September 30, 2023 |  | September 30, 2022
QLH Class B-1 Units | 18,155,446 |  |  | 19,206,446 |
Restricted Class A Shares | 52,573 |  |  | 261,558 |
Restricted stock units | 4,342,036 |  |  | 5,688,174 |
Potential dilutive shares | 22,550,055 |  |  | 25,156,178 |
The outstanding PRSUs were not included in the potentially dilutive securities as of September 30, 2023 as the performance conditions have not been met.

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 The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration