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(Loss) Income Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Income Per Share [Abstract]  
Summary of Basic and Diluted Net Income (Loss) per Ordinary Share

Basic net (loss) income per share is computed using the weighted average number of Common Shares outstanding for the period. Basic and diluted net income per ordinary share is calculated as follows:

 

 

 

For the Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income including non-controlling interests

 

$

(9,125

)

 

$

11,608

 

 

$

2,325

 

Less: Net loss attributable to non-controlling interests

 

 

46

 

 

 

 

 

 

 

Net (loss) income attributable to Village Farms International, Inc. shareholders

 

$

(9,079

)

 

$

11,608

 

 

$

2,325

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares – basic

 

 

82,161

 

 

 

58,526

 

 

 

49,418

 

Effect of dilutive securities – share-based employee options and awards

 

 

 

 

 

2,964

 

 

 

1,761

 

Weighted average number of common shares – diluted

 

 

82,161

 

 

 

61,490

 

 

 

51,179

 

Antidilutive options and awards (1)

 

 

3,822

 

 

 

500

 

 

 

310

 

Net (loss) income per ordinary share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.11

)

 

$

0.20

 

 

$

0.05

 

Diluted

 

$

(0.11

)

 

$

0.19

 

 

$

0.05

 

 

 

(1)

Options to purchase shares of common stock and unvested RSUs are not included in the calculation of net income (loss) per share because the effect would have been anti-dilutive.