Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share (Tables)

v3.23.2
Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Basic and Diluted Loss Per Share
The following table sets forth the calculation of basic and diluted income (loss) per share for the three and six months ended June 30, 2023 and 2022:
Three Months Ended
June 30,
Six Months Ended
June 30,
2023 2022 2023 2022
Net income (loss) $ 17,004 $ (2,285) $ 44,464 $ (40,251)
Weighted-average common shares outstanding – basic 195,476 193,692 195,026 193,082
Dilutive effect of stock-based compensation awards 9,345 8,846
Weighted-average common shares outstanding – diluted 204,821 193,692 203,872 193,082
Income (loss) per common share – basic $ 0.09 $ (0.01) $ 0.23 $ (0.21)
Income (loss) per common share – diluted $ 0.08 $ (0.01) $ 0.22 $ (0.21)
Potential Common Shares Excluded from Computation of Diluted Loss Per Share
The following is a summary of potential shares of common stock that were antidilutive and excluded from the weighted average share computations for the three and six months ended June 30, 2023 and 2022:
Three Months Ended
June 30,
Six Months Ended
June 30,
2023 2022 2023 2022
Stock options 5,370 25,318 6,310 25,318
Restricted stock units 766 2,787 824 2,787
Potential common shares excluded from the weighted average share calculations 6,136 28,105 7,134 28,105