19.

Loss Per Share


	Year Ended December 31,
	2014			2013			2012
	$			$			$
Net loss attributable to shareholders of Teekay Corporation		(54,757	)		(114,738	)		(160,180	)

Weighted average number of common shares		72,066,008			70,457,968			69,263,369
Dilutive effect of stock-based compensation		—			—			—

Common stock and common stock equivalents		72,066,008			70,457,968			69,263,369

Loss per common share:
- Basic		(0.76	)		(1.63	)		(2.31	)
- Diluted		(0.76	)		(1.63	)		(2.31	)

Stock-based awards, which have an anti-dilutive effect on the calculation of diluted loss per common share, are excluded from this calculation. For the years ended December 31, 2013 and 2012, options to acquire 1.0 million and 3.9 million shares of Common Stock, respectively, had an anti-dilutive effect on the calculation of diluted income per common share.