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Earnings Per Share
 12 Months Ended
Dec. 31, 2020
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 Year Ended December 31,

 

(Amounts in thousands, except per share amounts)

 

2020

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

   Continuing Operations:

 

 

 

 

 

 

 

 

 

 

 

 

      Net (loss) income from continuing operations

         attributable to common stockholders

 

$

(20,063

)

 

$

(6,418

)

 

$

4,079

 

      Earnings allocated to unvested participating securities

 

 

(44

)

 

 

(27

)

 

 

(18

)

      Numerator for net (loss) income from continuing operations

         per common share - basic and diluted

 

 

(20,107

)

 

 

(6,445

)

 

 

4,061

 

   Discontinued Operations:

 

 

 

 

 

 

 

 

 

 

 

 

      Net (loss) income from discontinued operations attributable

         to common stockholders

 

 

(4,641

)

 

 

(30,481

)

 

 

5,068

 

      Earnings allocated to unvested participating securities

 

 

(22

)

 

 

(44

)

 

 

(61

)

      Numerator for net (loss) income from discontinued

         operations per common share - basic and diluted

 

 

(4,663

)

 

 

(30,525

)

 

 

5,007

 

Numerator for net (loss) income per common share -

   basic and diluted

 

$

(24,770

)

 

$

(36,970

)

 

$

9,068

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

   Denominator for basic (loss) income per common share -

      weighted average shares

 

 

222,436

 

 

 

231,538

 

 

 

239,527

 

   Effect of dilutive stock-based compensation plans (1)

 

 

-

 

 

 

-

 

 

 

29

 

   Denominator for diluted (loss) income per common share -

      weighted average shares

 

 

222,436

 

 

 

231,538

 

 

 

239,556

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Loss) income per Common Share - Basic and Diluted:

 

 

 

 

 

 

 

 

 

 

 

 

   Continuing operations, net

 

$

(0.09

)

 

$

(0.03

)

 

$

0.02

 

   Discontinued operations, net

 

 

(0.02

)

 

 

(0.13

)

 

 

0.02

 

   Net (loss) income per common share - basic and diluted

 

$

(0.11

)

 

$

(0.16

)

 

$

0.04

 

 

 

(1)

The effect of dilutive securities for the years ended December 31, 2020, 2019 and 2018 excludes 23,540, 27,191 and 27,510 weighted average share equivalents, respectively, as their effect was anti-dilutive.