LinkedIn 2015 Annual Report Download - page 119

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The following table presents the calculation of basic and diluted net income (loss) per share
attributable to common stockholders (in thousands, except per share data):
Year Ended December 31,
2015 2014 2013
Class A Class B Class A Class B Class A Class B
Basic net income (loss) per share attributable to
common stockholders:
Numerator:
Allocation of undistributed earnings ......... $(145,978) $(20,166) $ (13,659) $ (2,088) $ 22,443 $ 4,326
Denominator:
Weighted-average common shares outstanding . 113,364 15,660 106,518 16,282 95,282 18,361
Basic net income (loss) per share attributable to
common stockholders .................... $ (1.29) $ (1.29) $ (0.13) $ (0.13) $ 0.24 $ 0.24
Diluted net income (loss) per share attributable to
common stockholders:
Numerator:
Allocation of undistributed earnings for basic
computation ....................... $(145,978) $(20,166) $ (13,659) $ (2,088) $ 22,443 $ 4,326
Reallocation of undistributed earnings as a
result of conversion of Class B to Class A
shares ........................... (20,166) — (2,088) 4,326
Reallocation of undistributed earnings to
Class B shares ..................... — — — — 713
Allocation of undistributed earnings ...... $(166,144) $(20,166) $ (15,747) $ (2,088) $ 26,769 $ 5,039
Denominator:
Number of shares used in basic calculation .... 113,364 15,660 106,518 16,282 95,282 18,361
Weighted-average effect of dilutive securities
Add:
Conversion of Class B to Class A common
shares outstanding ................. 15,660 — 16,282 — 18,361
Employee stock options ............... 4,128 4,025
RSUs and other dilutive securities ........ — 1,173
Number of shares used in diluted
calculation ..................... 129,024 15,660 122,800 16,282 118,944 22,386
Diluted net income (loss) per share attributable to
common stockholders .................... $ (1.29) $ (1.29) $ (0.13) $ (0.13) $ 0.23 $ 0.23
The following weighted-average employee equity awards were excluded from the calculation of
diluted net income (loss) per share attributable to common stockholders because their effect would
have been anti-dilutive for the periods presented (in thousands):
Year Ended
December 31,
2015 2014 2013
Employee stock options ......................................... 2,820 4,093 588
RSUs and other equity ......................................... 6,090 4,844 162
Total ..................................................... 8,910 8,937 750
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