Current report filing

Earnings per Share (Tables)

v3.21.2
Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Schedule of from Basic to Diluted Weighted Average Number of Shares Outstanding
The reconciliation from basic to diluted weighted average shares outstanding is as follows:
 
                                                                                        
    
Years ended

December 31,
 
    
2020
    
2019
    
2018
 
Weighted average shares outstanding – Basic
  
 
135,528,977
    
 
134,389,667
    
 
133,380,567
 
Dilutive effect of unvested common shares and restricted stock units with service conditions, performance stock units considered probable of vesting and assumed stock option exercises and conversions
  
 
921,976
 
  
 
1,159,027
 
  
 
1,304,364
 
    
 
 
    
 
 
    
 
 
 
Weighted average shares outstanding – Diluted
  
 
136,450,953
    
 
135,548,694
    
 
134,684,931
 
    
 
 
    
 
 
    
 
 
 
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted earnings per share are calculated as follows:
 
                                                                                        
    
Years ended

December 31,
 
    
2020
    
2019
    
2018
 
Numerator:
                          
Net (loss) income attributable to Ecovyst Inc.
  
$
(278,771
  
$
79,539
    
$
58,300
 
Denominator:
                          
Weighted average shares outstanding – Basic
  
 
135,528,977
    
 
134,389,667
    
 
133,380,567
 
Weighted average shares outstanding – Diluted
  
 
136,450,953
    
 
135,548,694
    
 
134,684,931
 
Net (loss) income per share:
                          
    
 
 
    
 
 
    
 
 
 
Basic (loss) income per share
  
$
(2.06
  
$
0.59
    
$
0.44
 
    
 
 
    
 
 
    
 
 
 
Diluted (loss) income per share
  
$
(2.04
  
$
0.59
    
$
0.43
 
    
 
 
    
 
 
    
 
 
 
Schedule of Securities Excluded from Computation of Earnings Per Share
The table below presents the details of the Company’s weighted average equity-based awards outstanding during each respective year that were excluded from the calculation of diluted earnings per share:
 
                                                                                              
    
Years ended

December 31,
 
    
2020
    
2019
    
2018
 
Restricted stock awards with performance only targets not yet achieved
  
 
1,225,855
 
  
 
1,584,980
    
 
1,643,760
 
Stock options with performance only targets not yet achieved
  
 
507,461
 
  
 
558,283
    
 
586,253
 
Anti-dilutive restricted stock awards, restricted stock units and performance stock units
  
 
1,453,120
 
  
 
—  
 
  
 
5,162
 
Anti-dilutive stock options
  
 
846,049
 
  
 
863,063
    
 
717,612