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Earnings Per Share
3 Months Ended
Mar. 31, 2021
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

 

 

 

March 31,

 

(Amounts in thousands, except per share amounts)

 

2021

 

 

2020

 

Numerator:

 

 

 

 

 

 

 

 

Continuing Operations:

 

 

 

 

 

 

 

 

Net (loss) income from continuing operations attributable to common stockholders

 

$

(3,578

)

 

$

1,968

 

Earnings allocated to unvested participating securities

 

 

(19

)

 

 

(11

)

Numerator for (loss) income from continuing operations per common

   share - basic and diluted

 

 

(3,597

)

 

 

1,957

 

Discontinued Operations:

 

 

 

 

 

 

 

 

Net income from discontinued operations attributable to common stockholders

 

 

-

 

 

 

1,380

 

Earnings allocated to unvested participating securities

 

 

-

 

 

 

(7

)

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

 

 

-

 

 

 

1,373

 

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

 

$

(3,597

)

 

$

3,330

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic (loss) income per common share - weighted average shares

 

 

218,666

 

 

 

227,769

 

Effect of dilutive stock-based compensation plans (1)

 

 

-

 

 

 

36

 

Denominator for diluted (loss) income per common share - weighted average shares

 

 

218,666

 

 

 

227,805

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

Continuing operations, net

 

$

(0.02

)

 

$

0.01

 

Discontinued operations, net

 

 

-

 

 

 

0.00

 

(Loss) income per common share - basic and diluted

 

$

(0.02

)

 

$

0.01

 

 

(1)

The effect of dilutive securities excludes 23,609 and 25,485 weighted average share equivalents for the three months ended March 31, 2021 and 2020, respectively, as their effect was anti-dilutive.