XML 43 R28.htm IDEA: XBRL DOCUMENT v3.22.4
Earnings Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

20. Earnings Per Share

 

 

The following table summarizes our net loss and the number of common shares used in the computation of basic and diluted loss 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 Year Ended December 31,

 

(Amounts in thousands, except per share amounts)

 

2022

 

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

 

Continuing Operations:

 

 

 

 

 

 

 

 

 

Net loss from continuing operations
   attributable to common stockholders

 

$

(36,403

)

 

$

(20,354

)

 

$

(20,063

)

Earnings allocated to unvested participating securities

 

 

(85

)

 

 

(70

)

 

 

(44

)

Numerator for net loss from continuing operations
   per common share - basic and diluted

 

 

(36,488

)

 

 

(20,424

)

 

 

(20,107

)

Discontinued Operations:

 

 

 

 

 

 

 

 

 

Net loss from discontinued operations attributable
   to common stockholders

 

 

-

 

 

 

-

 

 

 

(4,641

)

Earnings allocated to unvested participating securities

 

 

-

 

 

 

-

 

 

 

(22

)

Numerator for net loss from discontinued
   operations per common share - basic and diluted

 

 

-

 

 

 

-

 

 

 

(4,663

)

Numerator for net loss per common share - basic and diluted

 

$

(36,488

)

 

$

(20,424

)

 

$

(24,770

)

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Denominator for basic loss per common share -
   weighted average shares

 

 

221,310

 

 

 

218,701

 

 

 

222,436

 

Effect of dilutive stock-based compensation plans (1)

 

 

-

 

 

 

-

 

 

 

-

 

Denominator for diluted loss per common share -
    weighted average shares

 

 

221,310

 

 

 

218,701

 

 

 

222,436

 

 

 

 

 

 

 

 

 

 

 

Loss per Common Share - Basic and Diluted:

 

 

 

 

 

 

 

 

 

Continuing operations, net

 

$

(0.16

)

 

$

(0.09

)

 

$

(0.09

)

Discontinued operations, net

 

 

-

 

 

 

-

 

 

 

(0.02

)

Net loss per common share - basic and diluted

 

$

(0.16

)

 

$

(0.09

)

 

$

(0.11

)

 

 

(1)
The effect of dilutive securities for the years ended December 31, 2022, 2021 and 2020 excludes 20,064, 23,775 and 23,540 weighted average share equivalents, respectively, as their effect was anti-dilutive.