Annual report pursuant to Section 13 and 15(d)

Earnings per Share (Tables)

v3.8.0.1
Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of from Basic to Diluted Weighted Average Number of Shares Outstanding
The reconciliation from basic to diluted weighted average shares outstanding is as follows:
 
 
Years ended
December 31,
 
 
2017
 
2016
 
2015
Weighted average shares outstanding – Basic
 
111,299,670

 
78,016,005

 
22,615,787

Dilutive effect of unvested common shares with service conditions and assumed stock option exercises and conversions
 
369,367

 
—

 
—

Weighted average shares outstanding – Diluted
 
111,669,037

 
78,016,005

 
22,615,787

 
 
 
 
 
 
 
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted earnings per share are calculated as follows:
 
 
Years ended
December 31,
 
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
 
Net income (loss) attributable to PQ Group Holdings Inc.
 
$
57,603

 
$
(79,746
)
 
$
11,427

 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
Weighted average shares outstanding – Basic
 
111,299,670

 
78,016,005

 
22,615,787

Weighted average shares outstanding – Diluted
 
111,669,037

 
78,016,005

 
22,615,787

Net income (loss) per share:
 
 
 
 
 
 
Basic income (loss) per share
 
$
0.52

 
$
(1.02
)
 
$
0.51

Diluted income (loss) per share
 
$
0.52

 
$
(1.02
)
 
$
0.51

 
 
 
 
 
 
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The table below presents the details of the Company’s equity-based awards outstanding at the end of each respective year that were excluded from the calculation of diluted earnings per share:
 
 
December 31,
 
 
2017
 
2016
 
2015
Restricted stock awards with performance only targets not yet achieved
 
1,769,447

 
1,731,522

 
—

Stock options with performance only targets not yet achieved
 
586,523

 
417,086

 
293,150

Anti-dilutive restricted stock awards and restricted stock units
 
—

 
751,410

 
—

Anti-dilutive stock options
 
621,747

 
1,381,352

 
1,085,152