Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2021


Note 10.			Loss Per Share

Basic net income (loss) per share (EPS) is computed by dividing net income (loss) attributable to RealNetworks by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing net income (loss) attributable to RealNetworks by the weighted average number of common and dilutive potential common shares outstanding during the period. Basic and diluted EPS (in thousands, except per share amounts):


	Quarter Ended March 31,
	2021		2020
Net loss from continuing operations attributable to RealNetworks	$	(10,448)	$	(4,563)
Net loss from discontinued operations attributable to RealNetworks	—		(79)
Net loss attributable to RealNetworks	$	(10,448)	$	(4,642)

Weighted average common shares outstanding used to compute basic EPS	38,502		38,229
Dilutive effect of stock based awards and Series B Preferred Stock	—		—
Weighted average common shares outstanding used to compute diluted EPS	38,502		38,229

Net loss per share attributable to RealNetworks- Basic:
Continuing operations	$	(0.27)	$	(0.12)
Discontinued operations	—		—
Total net loss per share - Basic	$	(0.27)	$	(0.12)
Net loss per share attributable to RealNetworks- Diluted:
Continuing operations	$	(0.27)	$	(0.12)
Discontinued operations	—		—
Total net loss per share - Diluted	$	(0.27)	$	(0.12)

During the quarters ended March 31, 2021 and 2020, 4.5 million and 7.9 million shares of common stock, respectively, of potentially issuable shares from common stock awards were excluded from the calculation of diluted EPS because of their antidilutive effect.

During 2020, approximately 8.1 million shares of Series B Preferred Stock were issued. The Series B Preferred Stock is convertible into common stock on a one-to-one basis subject to the limitation described in Note 13. Related Party Transactions. During the quarters ended March 31, 2021 and 2020, these shares were also excluded from the calculation of diluted EPS because of their antidilutive effect.