Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share

v3.23.3
(Loss) Earnings Per Share
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
(Loss) Earnings Per Share (Loss) Earnings Per Share    Reconciliations of the components of basic and diluted net (loss) earnings per common share are presented in the table below (in thousands, except per share data):
Three Months Ended September 30, Nine Months Ended September 30,
2023 2022 2023 2022
Basic (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (1,088) $ 7,726  $ 2,793  $ (5,388)
Weighted average common shares outstanding 47,942  47,312  47,721  47,129 
Basic (loss) earnings per share $ (0.02) $ 0.16  $ 0.06  $ (0.11)
Diluted (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (1,088) $ 7,726  $ 2,793  $ (5,388)
Weighted average common shares, including dilutive effect(a)
47,942  47,843  47,973  47,129 
Diluted (loss) earnings per share $ (0.02) $ 0.16  $ 0.06  $ (0.11)
a.    No incremental shares of potentially dilutive restricted stock awards were included for the three months ended September 30, 2023 and nine months ended September 30, 2022 as their effect was antidilutive under the treasury stock method.