Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

v3.22.2.2
EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2022
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

8. EARNINGS (LOSS) PER SHARE

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

(In thousands)

Three Months Ended

Nine Months Ended

September 30, 

September 30, 

    

2022

    

2021

    

2022

    

2021

Numerator:

 

  

 

  

 

  

 

  

Net (loss) income ─ basic

$

(3,577)

$

4,619

$

(7,822)

$

6,658

Net (loss) income ─ diluted

$

(3,577)

$

4,619

$

(7,822)

$

6,658

Denominator:

 

  

 

  

 

  

 

  

Weighted-average common and common share equivalents ─ basic

 

34,390

 

34,227

 

34,339

 

31,939

Potential dilution from share-based awards

89

2,409

60

2,400

Weighted-average common and common share equivalents ─ diluted

 

34,479

 

36,636

 

34,399

 

34,339

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

 

3,512

 

177

 

2,466

 

177