Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

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NET INCOME (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of basic and diluted net income (loss) per share (in thousands, except share data):
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Numerator:
Net income (loss) attributable to Wheels Up Experience Inc. - basic and diluted $ (58,485) $ 18,909  $ (114,050) $ (47,348)
Denominator:
Weighted-average shares of Class A common stock outstanding - basic and diluted 235,341  165,055  191,057  161,649 
Basic and diluted net income (loss) per share of Class A common stock $ (0.25) $ 0.11  $ (0.60) $ (0.29)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following securities were not included in the computation of diluted shares outstanding because the effect would be anti-dilutive, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period:
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021 2020
Warrants 10,870,308  —  3,623,436  — 
Earnout Shares 7,813,187  —  2,604,396  — 
RSUs 836,499  —  279,858  — 
Stock options 16,879,379  11,153,335  16,463,474  10,494,947 
Total anti-dilutive securities 36,399,373  11,153,335  22,971,164  10,494,947