Earnings Per Share

12 Months Ended

Dec. 31, 2022

18. Earnings Per Share

The following is a reconciliation of the basic and diluted earnings per share computation.


	Year Ended December 31,
	2022		2021			2020
	(In thousands, except per share amounts)
Net loss	$	443	$	(127,996	)	$	(30,768	)
Weighted average basic common shares outstanding		34,237		35,331			35,260
Effect of dilutive securities - stock options and awards		230		-			-
Total shares and dilutive securities		34,467		35,331			35,260
Basic loss per common share	$	0.01	$	(3.62	)	$	(0.87	)
Diluted loss per common share	$	0.01	$	(3.62	)	$	(0.87	)

For the years ended December 31, 2022, 2021 and 2020, the Company has excluded the following common stock options and awards because their impact on the loss per share is anti-dilutive (in thousands on a weighted average basis):


	Year Ended December 31,
	2022		2021		2020
	(In thousands)
Director stock awards		-		62		49
Stock options		-		46		109
Performance share units		-		325		349
Restricted stock awards		-		485		352