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LOSS PER SHARE
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
LOSS PER SHARE LOSS PER SHARE
Basic loss per share is computed by dividing loss available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted net loss per share excludes all dilutive securities because their impact would be anti-dilutive, as described below.
Basic and diluted loss per share are calculated as follows:
 
 
Three months ended
 June 30,
 
Six months ended
 June 30,
(in thousands, except per share data)
 
2020
 
2019
 
2020
 
2019
 
 
 
 
 
 
 
 
 
Net loss attributable to Altisource
 
$
(35,061
)
 
$
(5,844
)
 
$
(46,711
)
 
$
(9,028
)
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, basic
 
15,601

 
16,214

 
15,549

 
16,253

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding, diluted
 
15,601

 
16,214

 
15,549

 
16,253

 
 
 
 
 
 
 
 
 
Loss per share:
 
 
 
 
 
 
 
 
Basic
 
$
(2.25
)
 
$
(0.36
)
 
$
(3.00
)
 
$
(0.56
)
Diluted
 
$
(2.25
)
 
$
(0.36
)
 
$
(3.00
)
 
$
(0.56
)

For the six months ended June 30, 2020 and 2019, 1.8 million and 1.5 million, respectively (1.5 million for each of the second quarter of 2020 and 2019), stock options, restricted shares and restricted share units were excluded from the computation of loss per share, as a result of the following:
•
As a result of the net loss attributable to Altisource for the six months ended June 30, 2020 and 2019, 0.2 million and 0.3 million, respectively (0.1 million and 0.3 million for the second quarter of 2020 and 2019, respectively), stock options, restricted shares and restricted share units in each period were excluded from the computation of diluted loss per share, as their impacts were anti-dilutive
•
For the six months ended June 30, 2020 and 2019, 0.6 million and 0.4 million, respectively (0.3 million and 0.5 million for the second quarter of 2020 and 2019, respectively), stock options were anti-dilutive and have been excluded from the computation of diluted loss per share because their exercise price was greater than the average market price of our common stock
•
For the six months ended June 30, 2020 and 2019, 1.0 million and 0.8 million, respectively (1.1 million and 0.7 million for the second quarter of 2020 and 2019, respectively), stock options, restricted shares and restricted share units, which begin to vest upon the achievement of certain market criteria related to our common stock price, performance criteria and an annualized rate of return to shareholders that have not yet been met in each period have been excluded from the computation of diluted loss per share