LOSS PER SHARE

3 Months Ended

Mar. 31, 2021

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 for the three months ended March 31:



(in thousands, except per share data)	2021		2020

Net loss attributable to Altisource	$	(22,002)	$	(11,650)

Weighted average common shares outstanding, basic	15,717		15,497


Weighted average common shares outstanding, diluted	15,717		15,497

Loss per share:
Basic	$	(1.40)	$	(0.75)
Diluted	$	(1.40)	$	(0.75)

For the three months ended March 31, 2021 and 2020, 1.7 million and 1.9 million stock options, restricted shares and restricted share units, respectively, were excluded from the computation of loss per share, as a result of the following:

•For both the three months ended March 31, 2021 and 2020, 0.3 million stock options, restricted shares and restricted share units were anti-dilutive and have been excluded from the computation of diluted loss per share because the Company incurred a net loss

•For the three months ended March 31, 2021 and 2020, 0.3 million and 0.9 million, 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 three months ended March 31, 2021 and 2020, 1.2 million and 0.8 million, 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 a total shareholder return compared to the market benchmark, that have not yet been met in each period have been excluded from the computation of diluted loss per share