XML 52 R15.htm IDEA: XBRL DOCUMENT
v3.21.2

Earnings per share | 6 Months Ended
--- | ---
Jul. 03, 2021
Earnings Per Share [Abstract] |
Earnings per share | 7. Earnings per share The following table sets forth the computation of basic and diluted loss per share of Class A common stock for the period following the Transactions (amounts in thousands, except share and per share data):
|  | Three Months Ended July 3, 2021 |  |  | February 16, 2021 through July 3, 2021 |
Numerator: |  |  |  |  |  |  |  |
Net loss |  | $ | (10,780 | ) |  | $ | (12,229 | )
Net loss attributable to noncontrolling interests |  |  | 6,654 |  |  |  | 7,062 |
Net loss attributable to Bioventus Inc. Class A common stockholders |  | $ | (4,126 | ) |  | $ | (5,167 | )
Denominator: |  |  |  |  |  |  |  |
Weighted-average shares of Class A common stock outstanding - basic and diluted |  |  | 41,805,347 |  |  |  | 41,802,840 |
Net loss per share of Class A common stock, basic and diluted |  | $ | (0.10 | ) |  | $ | (0.12 | )
Shares of Class B common stock do not share in the losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted losses per share of Class B common stock under the two-class method has not been presented. The following number of weighted-average potentially dilutive shares as of July 3, 2021 were excluded from the calculation of diluted loss per share because the effect of including such potentially dilutive shares would have been antidilutive upon conversion:
|  | Three Months Ended July 3, 2021 |  |  | Six Months Ended July 3, 2021 |
LLC Interests held by Continuing LLC Owner (a) |  |  | 15,786,737 |  |  |  | 15,786,737 |
Stock options |  |  | 4,622,287 |  |  |  | 4,602,747 |
RSUs |  |  | 1,221,555 |  |  |  | 941,031 |
Unvested shares of Class A common stock |  |  | 32,458 |  |  |  | 34,698 |
Total |  |  | 21,663,037 |  |  |  | 21,365,213 |
(a) | Class A Shares reserved for future issuance upon redemption or exchange of LLC Interests by Continuing LLC Owner.

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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration