Annual report pursuant to Section 13 and 15(d)

Earnings per Share (Tables)

v3.20.4
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 — 1,159,027 1,304,364
Weighted average shares outstanding – Diluted 135,528,977  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 PQ Group Holdings 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 135,528,977  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 $ (2.06) $ 0.59  $ 0.43 
Schedule of Antidilutive 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