Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share

v3.24.3
(Loss) Earnings Per Share
9 Months Ended
Sep. 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 September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Basic (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (24,042) $ (1,088) $ (191,846) $ 2,793 
Weighted average common shares outstanding 48,127  47,942  48,044  47,721 
Basic (loss) earnings per share $ (0.50) $ (0.02) $ (3.99) $ 0.06 
Diluted (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (24,042) $ (1,088) $ (191,846) $ 2,793 
Weighted average common shares, including dilutive effect(a)
48,127  47,942  48,044  47,973 
Diluted (loss) earnings per share $ (0.50) $ (0.02) $ (3.99) $ 0.06 
a.    No incremental shares of potentially dilutive restricted stock awards were included for the three and nine months ended September 30, 2024 and the three months ended September 30, 2023 as their effect was antidilutive under the treasury stock method.