Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.10.0.1
Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2018
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:
 
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
 
2018
 
2017
 
2018
 
2017
Weighted average shares outstanding – Basic
 
133,336,352

 
104,096,837

 
133,237,653

 
104,020,180

Dilutive effect of unvested common shares and restricted stock units with service conditions and assumed stock option exercises and conversions
 
1,239,810

 

 
985,975

 

Weighted average shares outstanding – Diluted
 
134,576,162

 
104,096,837

 
134,223,628

 
104,020,180

 
 
 
 
 
 
 
 
 
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted earnings per share are calculated as follows:
 
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income (loss) attributable to PQ Group Holdings Inc.
 
$
14,185

 
$
(3,345
)
 
$
30,181

 
$
(7,408
)
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted average shares outstanding – Basic
 
133,336,352

 
104,096,837

 
133,237,653

 
104,020,180

Weighted average shares outstanding – Diluted
 
134,576,162

 
104,096,837

 
134,223,628

 
104,020,180

Net income (loss) per share:
 
 
 
 
 
 
 
 
Basic income (loss) per share
 
$
0.11

 
$
(0.03
)
 
$
0.23

 
$
(0.07
)
Diluted income (loss) per share
 
$
0.11

 
$
(0.03
)
 
$
0.22

 
$
(0.07
)
 
 
 
 
 
 
 
 
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The table below presents the details of the Company’s equity-based awards outstanding at the end of each respective period that were excluded from the calculation of diluted earnings per share:
 
 
September 30,
 
 
2018
 
2017
Restricted stock awards with performance only targets not yet achieved
 
1,659,050

 
1,769,447

Stock options with performance only targets not yet achieved
 
586,253

 
586,253

Anti-dilutive restricted stock awards and restricted stock units
 

 
340,380

Anti-dilutive stock options
 

 
1,539,266