(LOSS) EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Computation of Basic and Diluted (Loss) Earnings per Share

The following table sets forth the computation of basic and diluted (loss) earnings per share attributable to Angi Inc. Class A and Class B Common Stock shareholders:


	Years Ended December 31,
	2021				2020				2019
	Basic		Diluted		Basic		Diluted		Basic		Diluted
	(In thousands, except per share data)
Numerator:
Net (loss) earnings	$	(70,494)	$	(70,494)	$	(4,160)	$	(4,160)	$	35,314	$	35,314
Net earnings attributable to noncontrolling interests	(884)		(884)		(2,123)		(2,123)		(485)		(485)
Net (loss) earnings attributable to Angi Inc. Class A and Class B Common Stock shareholders	$	(71,378)	$	(71,378)	$	(6,283)	$	(6,283)	$	34,829	$	34,829

Denominator:
Weighted average basic Class A and Class B common stock shares outstanding	502,761		502,761		498,159		498,159		504,875		504,875
Dilutive securities (a) (b)	—		—		—		—		—		13,044
Denominator for (loss) earnings per share—weighted average shares	502,761		502,761		498,159		498,159		504,875		517,919

(Loss) earnings per share attributable to Angi Inc. shareholders:
(Loss) earnings per share	$	(0.14)	$	(0.14)	$	(0.01)	$	(0.01)	$	0.07	$	0.07

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(a) If the effect is dilutive, weighted average common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and subsidiary denominated equity and vesting of restricted stock units (“RSUs”). For the years ended December 31, 2021, 2020, and 2019, 17.5 million, 24.9 million, and 5.5 million of potentially dilutive securities, respectively, were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive. Accordingly, the weighted average basic shares outstanding were used to compute all earnings per share amounts.

(b) Market-based awards and performance-based stock units (“PSUs”) are considered contingently issuable shares. Shares issuable upon exercise or vesting of market-based awards and PSUs are included in the denominator for earnings per share if (i) the applicable market or performance condition(s) has been met and (ii) the inclusion of the market-based awards and PSUs is dilutive for the respective reporting periods. For the years ended December 31, 2021, 2020, and 2019, 2.2 million, 2.0 million and 0.9 million underlying market-based awards and PSUs, respectively, were excluded from the calculation of diluted earnings per share because the market or performance condition(s) had not been met.