Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share

v3.24.2.u1
(Loss) Earnings Per Share
 6 Months Ended
Jun. 30, 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 June 30, Six Months Ended June 30,
2024 2023 2024 2023
Basic (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (155,993) $ (4,470) $ (167,804) $ 3,881 
Weighted average common shares outstanding 48,040  47,718  48,002  47,581 
Basic (loss) earnings per share $ (3.25) $ (0.09) $ (3.50) $ 0.08 
Diluted (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (155,993) $ (4,470) $ (167,804) $ 3,881 
Weighted average common shares, including dilutive effect(a)
48,040  47,718  48,002  47,966 
Diluted (loss) earnings per share $ (3.25) $ (0.09) $ (3.50) $ 0.08 
a.    No incremental shares of potentially dilutive restricted stock awards were included for the three and six months ended June 30, 2024 and the three months ended June 30, 2023 as their effect was antidilutive under the treasury stock method.