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Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) Per Share, Basic and Diluted
Years Ended December 31,
202220212020
Numerator:
Net loss
$(277,853)$(335,650)$(278,499)
Less: Net loss attributable to noncontrolling interests
(191,449)(233,208)(200,133)
Net loss attributable to SDC Inc. - basic
(86,404)(102,442)(78,366)
Add: Reallocation of net loss attributable to noncontrolling interests from the assumed exchange of LLC Units for Class A common stock
(191,449)(233,208)(200,133)
Net loss attributable to SDC Inc. - diluted
$(277,853)$(335,650)$(278,499)
Denominator:
Weighted average shares of Class A common stock outstanding - basic
121,312,580118,360,801109,854,360
Add: Dilutive effects as shown separately below
LLC Units that are exchangeable for Class A common stock
268,898,405269,415,089275,346,082
Weighted average shares of Class A common stock outstanding - diluted
390,210,985387,775,890385,200,442
Earnings (loss) per share of Class A common stock outstanding - basic
$(0.71)$(0.87)$(0.71)
Earnings (loss) per share of Class A common stock outstanding - diluted
$(0.71)$(0.87)$(0.72)
Schedule of Antidilutive Securities Excluded from Computation of Earnings (Loss) Per Share
Due to their anti-dilutive effect, the following securities have been excluded from diluted net earnings (loss) per share in the periods presented:
Years Ended December 31,
202220212020
Options1,387,491 1,664,122 1,679,339 
Restricted Stock Units27,131,831 4,837,161 3,819,882 
Warrants3,889,575 3,889,575 3,889,575 
Shares issuable under the Notes (if converted method)(1)
41,389,822 41,389,822 — 
(1) In connection with the issuance of the Notes, the Company entered into Capped Call Transactions, which were not included for purposes of calculating the number of diluted shares outstanding, as their effect would have been anti-dilutive. The Capped Call Transactions are expected to reduce the potential dilution to the Company’s common stock (or, in the event a conversion of the Notes is settled in cash, to reduce its cash payment obligation) in the event that at the time of conversion of the Notes the Company’s common stock price exceeds the conversion price of the Notes.