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Earnings Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share
18.
Earnings Per Share

 

 

The following table summarizes our net (loss) income and the number of common shares used in the computation of basic and diluted (loss) income per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(Amounts in thousands, except per share amounts)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to common stockholders

 

$

(360

)

 

$

(15,943

)

 

$

3,011

 

 

$

(19,521

)

Earnings allocated to unvested participating securities

 

 

(22

)

 

 

(18

)

 

 

(43

)

 

 

(37

)

Numerator for (loss) income per common share -
   basic and diluted

 

 

(382

)

 

 

(15,961

)

 

 

2,968

 

 

 

(19,558

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic loss per common share -
   weighted average shares

 

 

222,972

 

 

 

218,696

 

 

 

220,889

 

 

 

218,681

 

Effect of dilutive stock-based compensation plans (1)

 

 

-

 

 

 

-

 

 

 

41

 

 

 

-

 

Denominator for diluted loss per common share -
   weighted average shares

 

 

222,972

 

 

 

218,696

 

 

 

220,930

 

 

 

218,681

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income per common share - basic and diluted

 

$

(0.00

)

 

$

(0.07

)

 

$

0.01

 

 

$

(0.09

)

 

(1)
The effect of dilutive securities excludes 20,354 and 23,822 weighted average share equivalents for the three months ended June 30, 2022 and 2021, respectively, and 22,347 and 23,738 weighted average share equivalents for the six months ended June 30, 2022 and 2021, respectively, as their effect was anti-dilutive.