Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Note 14. Earnings (Loss) Per Share

Basic earnings (loss) per share includes no dilution and is computed by dividing net income or loss applicable to common stock by the weighted-average number of common shares outstanding for the respective period. Diluted earnings per share includes the impact of dilutive securities such as unvested shares of restricted stock, restricted stock units, and performance share units. The following table presents the computations of basic and diluted earnings (loss) per share for the periods indicated:

	Three Months Ended June 30,						Six Months Ended June 30,
(Shares in thousands)	2022			2021			2022			2021
Basic weighted-average common shares outstanding		28,766			33,066			29,296			33,123
Performance share units, unvested restricted stock units,    and unvested restricted stock		—			—			—			—
Diluted weighted-average common shares outstanding		28,766			33,066			29,296			33,123
Net loss attributable to common stock	$	(400	)	$	(7,782	)	$	(3,843	)	$	(14,545	)
Basic loss per common share	$	(0.01	)	$	(0.24	)	$	(0.13	)	$	(0.44	)
Diluted loss per common share	$	(0.01	)	$	(0.24	)	$	(0.13	)	$	(0.44	)

The diluted loss per share for the three and six months ended June 30, 2022 did not include the antidilutive effect of 534,170 and 508,274 shares of unvested shares of restricted stock, restricted stock units, and performance share units, respectively. The diluted loss per share for the three and six months ended June 30, 2021 did not include the antidilutive effect of 358,127 and 310,769 shares of unvested shares of restricted stock, restricted stock units, and performance share units, respectively.