XML 55 R46.htm IDEA: XBRL DOCUMENT v3.22.2.2
Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Summary of Calculation of Basic and Diluted Loss Per Share

The calculation of basic and diluted loss per share is as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands, except per share amounts)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to ADTRAN Holdings, Inc.

 

$

(41,934

)

 

$

(10,427

)

 

$

(40,918

)

 

$

(4,445

)

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares – basic

 

 

73,036

 

 

 

48,609

 

 

 

57,175

 

 

 

48,470

 

Effect of dilutive securities

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

 

 

 

 

 

 

 

 

 

 

PSUs, RSUs and restricted stock

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares – diluted

 

 

73,036

 

 

 

48,609

 

 

 

57,175

 

 

 

48,470

 

Loss per share attributable to ADTRAN Holdings, Inc. – basic

 

$

(0.57

)

 

$

(0.21

)

 

$

(0.72

)

 

$

(0.09

)

Loss per share attributable to ADTRAN Holdings, Inc. – diluted

 

$

(0.57

)

 

$

(0.21

)

 

$

(0.72

)

 

$

(0.09

)