Antero Resources Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Significant Accounting Policies

Reconciliation of basic weighted average shares outstanding to diluted weighted average shares outstanding

The following is a reconciliation of the Company’s basic weighted average shares outstanding to diluted weighted average shares outstanding during the periods presented (in thousands):


	Three months ended March 31,
	2018	2019
Basic weighted average number of shares outstanding	316,471	308,694
Add: Dilutive effect of restricted stock units	401	80
Add: Dilutive effect of outstanding stock options	—	—
Add: Dilutive effect of performance stock units	39	14
Diluted weighted average number of shares outstanding	316,911	308,788

Weighted average number of outstanding equity awards excluded from calculation of diluted earnings per common share (1):
Restricted stock units	421	1,445
Outstanding stock options	653	570
Performance stock units	1,189	1,721

(1) The potential dilutive effects of these awards were excluded from the computation of earnings (loss) per common share—assuming dilution because the inclusion of these awards would have been anti-dilutive.