Net Earnings (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Reconciliation of Basic and Diluted Net Loss per Share

The following table is a reconciliation of the numerator and denominator in the basic and diluted net earnings (loss) per share calculation (in thousands, except per share data) for the three and six months ended June 30, 2024, and 2023:

	Three months ended June 30,				Six months ended June 30,
	2024		2023		2024		2023
Net income (loss)	$	22,122	$	(24,836)	$	3,416	$	(48,654)
Income (loss) from continuing operations	$	23,073	$	(22,604)	$	9,538	$	(42,639)
Loss from discontinued operations, net of income taxes and loss on sale of discontinued operations	$	(951)	$	(2,232)	$	(6,122)	$	(6,015)
Weighted average number of shares outstanding:
Basic	37,659		31,222		37,528		31,132
Dilutive effect of equity based awards and warrants	376		—		94		—
Diluted	38,035		31,222		37,622		31,132
Net earnings (loss) per share - basic
Continuing operations	$	0.61	$	(0.72)	$	0.25	$	(1.37)
Discontinued operations	$	(0.03)	$	(0.07)	$	(0.16)	$	(0.19)
Net earnings (loss) per share - diluted
Continuing operations	$	0.61	$	(0.72)	$	0.25	$	(1.37)
Discontinued operations	$	(0.03)	$	(0.07)	$	(0.16)	$	(0.19)

Potential Common Stock Not Included Diluted Net Income (Loss) Per Share Calculation

The following table sets forth potential common stock that is not included in the diluted net earnings (loss) per share calculation above because their effect would be anti-dilutive for the periods indicated (in thousands):

	Three months ended June 30,		Six months ended June 30,
	2024	2023	2024	2023
Outstanding stock options	1,219	1,255	1,244	1,388
Unvested restricted stock units	6,273	2,534	7,063	1,182
Outstanding Warrants	6,100	—	6,100	—