Quarterly report pursuant to Section 13 or 15(d)

(Loss) Earnings Per Share

v3.23.2
(Loss) Earnings Per Share
 6 Months Ended
Jun. 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 June 30, Six Months Ended June 30,
2023 2022 2023 2022
Basic (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (4,470) $ 1,703  $ 3,881  $ (13,114)
Weighted average common shares outstanding 47,718  47,225  47,581  47,036 
Basic (loss) earnings per share $ (0.09) $ 0.04  $ 0.08  $ (0.28)
Diluted (loss) earnings per share:
Allocation of (loss) earnings:
Net (loss) income $ (4,470) $ 1,703  $ 3,881  $ (13,114)
Weighted average common shares, including dilutive effect(a)
47,718  47,634  47,966  47,036 
Diluted (loss) earnings per share $ (0.09) $ 0.04  $ 0.08  $ (0.28)
a.    No incremental shares of potentially dilutive restricted stock awards were included for the three months ended June 30, 2023 and the six months ended June 30, 2022 as their effect was antidilutive under the treasury stock method.