Earnings Per Share

9 Months Ended

Sep. 30, 2022

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 Nine Months Ended
	September 30,						September 30,
(Amounts in thousands, except per share amounts)	2022			2021			2022			2021
Numerator:
Net (loss) income attributable to common stockholders	$	(1,537	)	$	(2,055	)	$	1,474		$	(21,576	)
Earnings allocated to unvested participating securities		(21	)		(17	)		(64	)		(54	)
Numerator for (loss) income per common share - basic and diluted	$	(1,558	)	$	(2,072	)	$	1,410		$	(21,630	)
Denominator:
Denominator for basic loss per common share - weighted average shares		224,865			218,706			222,229			218,690
Effect of dilutive stock-based compensation plans (1)		-			-			34			-
Denominator for diluted loss per common share - weighted average shares		224,865			218,706			222,263			218,690

(Loss) income per common share - basic and diluted	$	(0.01	)	$	(0.01	)	$	0.01		$	(0.10	)

(1)

The effect of dilutive securities excludes 18,041 and 23,862 weighted average share equivalents for the three months ended September 30, 2022 and 2021, respectively, and 20,889 and 23,785 weighted average share equivalents for the nine months ended September 30, 2022 and 2021, respectively, as their effect was anti-dilutive.