Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.3.a.u2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Summary of Significant Accounting Policies  
Schedule of the Company sales to major customers (purchases in excess of 10% of total sales)

2017

2018

2019

Company A

4

%

8

%

16

%

Company B

14

6

15

Company C

20

13

9

Company D

14

3

All others

62

59

57

100

%

100

%

100

%

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):

Year ended December 31,

2017

2018

2019

Basic weighted average number of shares outstanding

315,426

316,036

306,400

Add: Dilutive effect of restricted stock units

817

Add: Dilutive effect of outstanding stock options

Add: Dilutive effect of performance stock units

40

Diluted weighted average number of shares outstanding

316,283

316,036

306,400

Weighted average number of outstanding equity awards excluded from calculation of diluted earnings per common share (1):

Restricted stock units

1,521

2,844

2,357

Outstanding stock options

676

626

527

Performance stock units

1,054

1,705

1,443

(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.