Earnings Per Share

9 Months Ended

Sep. 30, 2021

(9) Earnings Per Share

Earnings per share calculation information is as follows:


	Three months ended September 30,						Nine months ended September 30,
	2020			2021			2020			2021

Net loss attributable to BBGI stockholders	$	(2,385,398	)	$	(1,620,323	)	$	(28,956,920	)	$	(11,988,021	)

Weighted-average shares outstanding:
Basic		29,154,148			29,254,609			28,362,512			29,263,963
Effect of dilutive restricted stock units and restricted stock		—			—			—			—

Diluted		29,154,148			29,254,609			28,362,512			29,263,963

Net loss attributable to BBGI stockholders per Class A and Class B common share – basic and diluted	$	(0.08	)	$	( 0.06	)	$	(1.02	)	$	(0.41	)

The Company excluded the effect of restrictive stock units and restricted stock under the treasury stock method when reporting a net loss as the addition of shares was anti-dilutive. The number of shares excluded w

44,490 and 130,195 for the three months ended September 30, 2020 and 2021, respectively, and 70,245 and 130,589 for the nine months ended September 30, 2020 and 2021, respectively.