Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

v3.23.1
EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2023
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

7. EARNINGS (LOSS) PER SHARE

The table below reconciles basic and diluted loss per share of common stock:

(In thousands)

Three Months Ended

March 31, 

    

2023

    

2022

Numerator:

 

  

 

  

Net (loss) income ─ basic

$

(11,415)

$

110

Net (loss) income ─ diluted

$

(11,415)

$

110

Denominator:

 

  

 

  

Weighted-average common shares ─ basic

 

34,410

 

34,262

Potential dilution from share-based awards

2,361

Weighted-average common and common share equivalents ─ diluted

 

34,410

 

36,623

Anti-dilutive share-based awards excluded from the calculation of
diluted (loss) earnings per share

 

3,846

 

411