Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share (Tables)

v3.23.3
Income (Loss) Per Share (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2023 and 2022:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023 2022 2023 2022
Net income (loss) $ 7,915 $ 24,732 $ 52,379 $ (15,519)
Weighted-average common shares outstanding – basic 196,146 193,918 195,404 193,364
Dilutive effect of stock-based compensation awards 8,152 4,463 8,550
Weighted-average common shares outstanding – diluted 204,298 198,381 203,954 193,364
Income (loss) per common share – basic $ 0.04 $ 0.13 $ 0.27 $ (0.08)
Income (loss) per common share – diluted $ 0.04 $ 0.12 $ 0.26 $ (0.08)
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 nine months ended September 30, 2023 and 2022:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023 2022 2023 2022
Stock options 6,533 6,060 6,272 25,139
Restricted stock units 872 2,658 872 2,786
Potential common shares excluded from the weighted average share calculations 7,405 8,718 7,144 27,925