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Earnings (Loss) per Share (Tables)
3 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Summary of Reconciliation between Weighted-average Common Shares Outstanding used in Calculation of Basis and Diluted Earnings Per Share The following is a reconciliation between the weighted average outstanding shares used in the calculation of basic and diluted earnings per share:

 

 

Three Months Ended June 30,

 

 

(in thousands)

 

 

2024

 

2023

Weighted average common shares outstanding - basic

 

77,158

 

66,347

Net effect of dilutive warrants, stock options and non-vested stock (1)

 

 

Weighted average common shares outstanding - diluted

 

77,158

 

66,347

(1) For the three months ended June 30, 2024 and 2023, 2,016 and 2,219 shares, respectively, associated with outstanding restricted stock unit awards were excluded from the computation of diluted earnings per share as the resulting incremental shares would have been anti-dilutive due to the loss from continuing operations in each period.