Year Ended

(In millions)

December 31, 2020

December 31, 2019

December 31, 2018

Numerator:

Net earnings (loss) attributable to AMC Entertainment Holdings, Inc. for basic earnings (loss) per share

$

(4,589.1)

$

(149.1)

$

110.1

Calculation of net earnings for diluted earnings (loss) per share:

Marked-to-market gain on derivative liability

—

(66.4)

Interest expense for Convertible Notes due 2026

—

9.7

Net earnings (loss) available for diluted earnings

$

(4,589.1)

$

(149.1)

$

53.4

Denominator (shares in thousands):

Weighted average shares for basic earnings per common share

117,212

103,832

120,621

Common equivalent shares for RSUs and PSUs

—

29

Common equivalent shares if converted: Convertible Notes 2026

—

9,455

Weighted average shares for diluted earnings per common share

117,212

103,832

130,105

Basic earnings (loss) per common share:

$

(39.15)

$

(1.44)

$

0.91

Diluted earnings (loss) per common share:

$

(39.15)

$

(1.44)

$

0.41