Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE (Tables)

v3.23.3
EARNINGS (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2023
EARNINGS (LOSS) PER SHARE  
Schedule of Earnings Per Share, Basic and Diluted

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

(In thousands)

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2023

    

2022

    

2023

    

2022

Numerator:

 

  

 

  

 

  

 

  

Net income (loss) ─ basic

$

4,593

$

(3,577)

$

(12,422)

$

(7,822)

Net income (loss) ─ diluted

$

4,593

$

(3,577)

$

(12,422)

$

(7,822)

Denominator:

 

  

 

  

 

  

 

  

Weighted-average common shares ─ basic

 

34,583

 

34,390

 

34,497

 

34,339

Potential dilution from share-based awards

2,090

89

60

Weighted-average common and common share equivalents ─ diluted

 

36,673

 

34,479

 

34,497

 

34,399

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

 

1,108

 

3,512

 

3,998

 

2,466