Annual report pursuant to Section 13 and 15(d)

Earnings per Share (Tables)

v3.22.0.1
Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2021
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,
2021 2020 2019
Weighted average shares outstanding – Basic 136,167,384  135,528,977  134,389,667 
Dilutive effect of unvested common shares and restricted stock units with service conditions, performance stock units considered probable of vesting and assumed stock option exercises and conversions 1,541,547 921,976 1,159,027
Weighted average shares outstanding – Diluted 137,708,931  136,450,953  135,548,694 
Schedule of Earnings Per Share, Basic and Diluted
Basic and diluted earnings per share are calculated as follows:
Years ended
December 31,
2021 2020 2019
Numerator:
Net (loss) income attributable to Ecovyst Inc. $ (139,949) $ (278,771) $ 79,539 
Denominator:
Weighted average shares outstanding – Basic 136,167,384  135,528,977  134,389,667 
Weighted average shares outstanding – Diluted 137,708,931  136,450,953  135,548,694 
Net (loss) income per share:
Basic (loss) income per share $ (1.03) $ (2.06) $ 0.59 
Diluted (loss) income per share $ (1.02) $ (2.04) $ 0.59 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The table below presents the details of the Company’s weighted average equity-based awards outstanding during each respective year that were excluded from the calculation of diluted earnings per share:
Years ended
December 31,
2021 2020 2019
Restricted stock awards with performance only targets not yet achieved 839,432  1,225,855  1,584,980 
Stock options with performance only targets not yet achieved 373,105  507,461  558,283 
Anti-dilutive restricted stock awards, restricted stock units and performance stock units 6,214  1,453,120  — 
Anti-dilutive stock options 244,473  846,049  863,063