XML 40 R26.htm IDEA: XBRL DOCUMENT v3.22.2
Basic and Diluted (Loss) Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule Computation of (Loss) Earnings Per Share

The computation of (loss) earnings per share for the three and six months ended June 30, 2022 and 2021 is as follows:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in thousands, except per share amounts)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(1,415

)

 

$

31,061

 

 

$

10,878

 

 

$

32,729

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares - basic

 

 

412,135

 

 

 

408,363

 

 

 

413,405

 

 

 

407,273

 

Dilutive impact of stock options, restricted stock
  awards and restricted stock units

 

 

 

 

 

20,504

 

 

 

9,672

 

 

 

21,955

 

Weighted average shares - diluted

 

 

412,135

 

 

 

428,867

 

 

 

423,077

 

 

 

429,228

 

(Loss) earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.00

)

 

$

0.08

 

 

$

0.03

 

 

$

0.08

 

Diluted

 

$

(0.00

)

 

$

0.07

 

 

$

0.03

 

 

$

0.08

 

Weighted-Average Potentially Dilutive Shares Were Excluded From Computation of Diluted (Loss) Earnings Per Share

The following weighted average potentially dilutive shares are excluded from the computation of diluted (loss) earnings per share for the periods presented because including them would have been antidilutive:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

(in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Stock options, restricted stock awards and
   restricted stock units

 

 

27,057

 

 

 

3,277

 

 

 

6,742

 

 

 

1,904