Ecovyst, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2021

Reconciliation from Basic to Diluted Weighted Average Number of Shares Outstanding

The reconciliation from basic to diluted weighted average shares outstanding is as follows:


	Three months ended March 31,
		2021	2020
Weighted average shares outstanding – Basic		136,006,082	135,240,897
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		—	845,185
Weighted average shares outstanding – Diluted		136,006,082	136,086,082

Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted loss per share are calculated as follows:


	Three months ended March 31,
		2021		2020
Numerator:
Net (loss) income attributable to PQ Group Holdings Inc.		$	(92,635)	$	224

Denominator:
Weighted average shares outstanding – Basic		136,006,082		135,240,897
Weighted average shares outstanding – Diluted		136,006,082		136,086,082
Net loss per share:
Basic loss per share		$	(0.68)	$	0.00
Diluted loss per share		$	(0.68)	$	0.00

Schedule of 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 period that were excluded from the calculation of diluted earnings per share:


	Three months ended March 31,
		2021	2020
Restricted stock awards with performance only targets not yet achieved		883,380	1,526,613
Stock options with performance only targets not yet achieved		376,812	516,000
Anti-dilutive restricted stock awards, restricted stock units and performance stock units		—	1,264,324
Anti-dilutive stock options		—	850,807