Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share

v3.24.1.u1
(Loss) Earnings Per Share
 3 Months Ended
Mar. 31, 2024
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 March 31,
2024 2023
Basic (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (11,811) $ 8,351 
Weighted average common shares outstanding 47,964  47,443 
Basic (loss) earnings per share $ (0.25) $ 0.18 
Diluted (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (11,811) $ 8,351 
Weighted average common shares, including dilutive effect(a)
47,964  48,002 
Diluted (loss) earnings per share $ (0.25) $ 0.17 
a.    No incremental shares of potentially dilutive restricted stock awards were included for the three months ended March 31, 2024 as their effect was antidilutive under the treasury stock method.