Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Earnings (Loss) Per Share

Earnings (loss) per share was calculated as follows: 

	Year Ended December 31,
(In thousands, except per-share amounts)	2024		2023		2022
BASIC
Net income (loss)	$	(24,029)	$	(98,238)	$	407
Weighted-average common shares outstanding	12,959		12,855		12,703
Basic earnings (loss) per share	$	(1.85)	$	(7.64)	$	0.03
DILUTED
Net income (loss)	$	(24,029)	$	(98,238)	$	407
Weighted-average common shares outstanding for basic	12,959		12,855		12,703
Dilutive effect of restricted stock, performance stock awards, stock options and common stock warrants	—		—		76
Weighted-average common shares outstanding on a diluted basis	12,959		12,855		12,779
Diluted earnings (loss) per share	$	(1.85)	$	(7.64)	$	0.03

The following number of restricted stock awards, performance stock awards, stock options and common stock warrants were excluded from the computation of diluted earnings per common share as their inclusion would have been anti-dilutive:

	Year Ended December 31,
(In thousands)	2024	2023	2022
Restricted stock awards	526	440	242
Performance stock awards	104	—	—
Stock options	796	900	686
Common stock warrants	—	—	275