LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2023

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

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


	Years Ended December 31,
	2023				2022				2021
	Basic		Diluted		Basic		Diluted		Basic		Diluted
	(In thousands, except per share data)
Numerator:
Net loss from continuing operations	$	(30,047)	$	(30,047)	$	(89,168)	$	(89,168)	$	(64,018)	$	(64,018)
Net earnings attributable to noncontrolling interests of continuing operations	(629)		(629)		(468)		(468)		(884)		(884)
Net loss from continuing operations attributable to Angi Inc. Class A and Class B Common Stock shareholders	(30,676)		(30,676)		(89,636)		(89,636)		(64,902)		(64,902)

Loss from discontinued operations, net of taxes	(10,264)		(10,264)		(38,814)		(38,814)		(6,476)		(6,476)

Net loss attributable to Angi Inc. Class A and Class B Common Stock shareholders	$	(40,940)	$	(40,940)	$	(128,450)	$	(128,450)	$	(71,378)	$	(71,378)

Denominator:
Weighted average basic Class A and Class B common stock shares outstanding	505,900		505,900		503,008		503,008		502,761		502,761
Dilutive securities (a) (b)	—		—		—		—		—		—
Denominator for loss per share—weighted average shares	505,900		505,900		503,008		503,008		502,761		502,761

Loss per share:
Loss per share from continuing operations	$	(0.06)	$	(0.06)	$	(0.18)	$	(0.18)	$	(0.13)	$	(0.13)
Loss per share from discontinued operations, net of tax	(0.02)		(0.02)		(0.08)		(0.08)		(0.01)		(0.01)
Loss per share attributable to Angi Inc. Class A and Class B Common Stock shareholders	$	(0.08)	$	(0.08)	$	(0.26)	$	(0.26)	$	(0.14)	$	(0.14)

________________________

(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, 2023, 2022, and 2021, 28.5 million, 23.6 million, and 17.5 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 loss per share amounts.

(b) MSUs and PSUs are considered contingently issuable shares. Shares issuable upon exercise or vesting of MSUs 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 MSUs and PSUs is dilutive for the respective reporting periods. For the years ended December 31, 2023, 2022, and 2021, 0.5 million, 0.8 million and 2.2 million underlying market-based awards and PSUs, respectively, were excluded from the calculation of diluted loss per share because the market or performance condition(s) had not been met.