XML 32 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
(LOSS) EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE
(LOSS) EARNINGS PER SHARE
The following table sets forth the computation of basic and diluted (loss) earnings per share attributable to ANGI Homeservices shareholders:
 
Years Ended December 31,
 
2017
 
2016
 
2015
 
Basic
 
Diluted
 
Basic
 
Diluted
 
Basic
 
Diluted
 
(In thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) earnings
$
(104,527
)
 
$
(104,527
)
 
$
10,631

 
$
10,631

 
$
(3,996
)
 
$
(3,996
)
Net loss attributable to noncontrolling interests
1,409

 
1,409

 
2,497

 
2,497

 
2,671

 
2,671

Net (loss) earnings attributable to ANGI Homeservices Inc. shareholders
$
(103,118
)
 
$
(103,118
)
 
$
13,128

 
$
13,128

 
$
(1,325
)
 
(1,325
)
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
 
 
 
Weighted average basic shares outstanding
430,612

 
430,612

 
414,754

 
414,754

 
414,754

 
414,754

Dilutive securities including stock appreciation rights, stock options, RSUs and subsidiary denominated equity awards (a)

 

 

 

 

 

Denominator for earnings per share—weighted average shares (b)
430,612

 
430,612

 
414,754

 
414,754

 
414,754

 
414,754

 
 
 
 
 
 
 
 
 
 
 
 
(Loss) earnings per share attributable to ANGI Homeservices Inc. shareholders:
 
 
 
 
 
 
(Loss) earnings per share
$
(0.24
)
 
$
(0.24
)
 
$
0.03

 
$
0.03

 
$
(0.00
)
 
$
(0.00
)
________________________
(a) 
For the year ended December 31, 2017, the Company had a loss from operations and as a result, approximately 54.1 million potentially dilutive securities were excluded from computing dilutive earnings per share because the impact would have been anti-dilutive. Accordingly, the weighted average basic shares outstanding were used to compute diluted earnings per share amounts.
(b) 
The Company computed basic and diluted earnings per share for the years ended December 31, 2016 and 2015 using the shares issued to IAC for the contribution of the HomeAdvisor business.