Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Schedule of Weighted Average Number of Shares

The following table provides a reconciliation of the weighted average number of common shares used in the calculation of basic and diluted net loss per share (in thousands):


	Three Months Ended September 30,		Nine Months Ended September 30,
	2022	2021	2022	2021
Weighted average shares outstanding—basic	31,875	31,618	31,825	31,567
Effect of dilutive securities: unvested share awards	—	—	—	—
Weighted average shares outstanding—diluted (1)	31,875	31,618	31,825	31,567

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(1) For the three months ended September 30, 2022 and 2021, 1,433 and 157 of our unvested common shares were not included in the calculation of net loss per share—diluted because to do so would have been anti-dilutive. For the nine months ended September 30, 2022 and 2021, 1,218 and 146, respectively, of our unvested common shares were not included in the calculation of the net loss per share—diluted because to do so would have been antidilutive.

AlerisLife Inc. 10-Q