Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share (Tables)

v3.23.1
Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliations of the Components of Basic and Diluted Net Earnings (Loss) per Common Share Reconciliations of the components of basic and diluted net earnings (loss) per common share are presented in the table below (in thousands, except per share data):
Three Months Ended March 31,
2023 2022
Basic earnings (loss) per share:
Allocation of earnings (loss):
Net income (loss) $ 8,351  $ (14,817)
Weighted average common shares outstanding 47,443  46,845 
Basic earnings (loss) per share $ 0.18  $ (0.32)
Diluted earnings (loss) per share:
Allocation of earnings (loss):
Net income (loss) $ 8,351  $ (14,817)
Weighted average common shares, including dilutive effect(a)
48,002  46,845 
Diluted earnings (loss) per share $ 0.17  $ (0.32)
a.    No incremental shares of potentially dilutive restricted stock awards were included for the three months ended March 31, 2022 as their effect was antidilutive under the treasury stock method.