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Earnings (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share available for common stockholders (in thousands, except per share data):

 
For the Three
 
For the Six
 
Months Ended
 
Months Ended
 
June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Net income (loss)
$
(19,698
)
 
$
(11,999
)
 
$
(42,848
)
 
$
(185,810
)
Less:
 
 
 
 
 
 
 
Net income (loss) attributable to non-controlling interests
(2,793
)
 
(3,612
)
 
(7,930
)
 
(54,683
)
Net income (loss) available for common shareholders (1) (2)
$
(16,905
)
 
$
(8,387
)
 
$
(34,918
)
 
$
(131,127
)
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding (2) (3)
59,478

 
42,594

 
56,057

 
42,390

 
 
 
 
 
 
 
 
Earnings (Loss) per Common Share
 
 
 
 
 
 
 
Basic
$
(0.28
)
 
$
(0.20
)
 
$
(0.62
)
 
$
(3.09
)
Diluted
(0.28
)
 
(0.20
)
 
(0.62
)
 
(3.09
)

(1) 
For periods of net loss, net income (loss) available for common shareholders is the same for both basic and diluted purposes.
(2) 
Each Class B common unit of Evolent Health LLC can be exchanged (together with a corresponding number of shares of our Class B common stock) for one share of our Class A common stock. As holders exchange their Class B common shares for Class A common shares, our interest in Evolent Health LLC will increase. Therefore, shares of our Class B common stock are not considered dilutive shares for the purposes of calculating our diluted earnings (loss) per common share as related adjustment to net income (loss) available for common shareholders would equally offset the additional shares, resulting in the same earnings (loss) per common share.
(3) 
For periods of net loss, shares used in the earnings (loss) per common share calculation represent basic shares as using diluted shares would be anti-dilutive.

Schedule of antidilutive securities excluded from computation of earnings per share
Anti-dilutive shares (in thousands) excluded from the calculation of weighted-average common shares presented above are presented below:

 
For the Three
 
For the Six
 
Months Ended
 
Months Ended
 
June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Exchangeable Class B common stock
8,677

 
17,525

 
11,994

 
17,525

Restricted stock units ("RSUs")
607

 
158

 
546

 
85

Stock options and performance-based stock options
3,201

 
1,353

 
3,059

 
904

Convertible senior notes
5,201

 

 
5,201

 

Total
17,686

 
19,036

 
20,800

 
18,514