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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Summary of Computation of Earnings Per Share

The following table summarizes our net income (loss) and the number of common shares used in the computation of basic and diluted income (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 Three Months Ended March 31,

 

(Amounts in thousands, except per share amounts)

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

3,371

 

 

$

(3,578

)

Earnings allocated to unvested participating securities

 

 

(21

)

 

 

(19

)

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

 

 

3,350

 

 

 

(3,597

)

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic loss per common share - weighted average shares

 

 

218,782

 

 

 

218,666

 

Effect of dilutive stock-based compensation plans (1)

 

 

58

 

 

 

-

 

Denominator for diluted loss per common share - weighted average shares

 

 

218,840

 

 

 

218,666

 

 

 

 

 

 

 

 

 

 

Income (loss) per common share - basic and diluted

 

$

0.02

 

 

$

(0.02

)

 

(1)

The effect of dilutive securities excludes 28,713 and 23,609 weighted average share equivalents for the three months ended March 31, 2022 and 2021, respectively, as their effect was anti-dilutive.