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Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Computations of Basic and Diluted Earnings Per Share
The computations of basic and diluted EPS are set forth below:
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
2022202120222021
(in thousands, except per share amounts, unaudited)
Numerator for basic and diluted EPS — net income (loss)$(18,732)$(8,825)$(30,838)$(6,741)
Denominator for basic EPS — weighted average number of shares18,238 19,448 18,331 19,561 
Add — dilutive effect of:
Restricted stock units— (1)— (1)— (1)— (1)
Denominator for diluted EPS — weighted average number of shares and dilutive securities18,238 (1)19,448 (1)18,331 (1)19,561 (1)
Earnings (loss) per share:
Basic EPS$(1.03)$(0.45)$(1.68)$(0.34)
Diluted EPS$(1.03)$(0.45)$(1.68)$(0.34)
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(1) Excludes 3,811,000 and 4,593,000 unamortized restricted stock units that were antidilutive for the three months ended June 30, 2022 and 2021, respectively, and 4,404,000 and 4,396,000 for the six months ended June 30, 2022 and 2021, respectively, and thus were not included in the above calculation. The incremental shares that could be included in the diluted EPS calculation in future periods will vary based on a variety of factors, including the future share price and the amount of unrecognized compensation cost. The incremental shares included, if any, would be less than the number of outstanding restricted stock units.
Schedule of Share-based Payment Arrangement, Restricted Stock Unit, Activity
The activity related to the restricted stock units is set forth below:
Restricted Stock Units Outstanding
20222021
Units
Grant Date
Weighted
Average Fair
Value
Units
Grant Date
Weighted
Average Fair
Value
Outstanding, January 1,7,799,509 $13.78 7,587,078 $14.68 
Granted1,802,436 16.13 2,356,183 12.96 
Delivered(1,763,049)14.33 (1,830,792)16.61 
Forfeited (47,598)14.70 (298,885)14.54 
Outstanding, June 30,
7,791,298 $14.05 7,813,584 $13.80