EARNINGS (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share

The computation of basic and diluted earnings (loss) per share attributable to common shareholders is as follows:


	Years Ended December 31,
	2023		2022		2021
	(In thousands, except per share data)
Basic EPS:
Numerator:
Net earnings (loss)	$	22,032	$	(79,591)	$	(52,767)
Less: Net earnings attributed to participating security	(475)		—		—
Net earnings (loss) attributable to common stock shareholders	$	21,557	$	(79,591)	$	(52,767)
Denominator: (a)
Weighted average basic common shares outstanding	163,238		161,478		159,884


Basic Earnings (loss) per share	$	0.13	$	(0.49)	$	(0.33)

Diluted EPS:
Numerator:
Net earnings (loss)	$	22,032	$	(79,591)	$	(52,767)
Less: Net earnings attributed to participating security	(469)		—		—
Net earnings (loss) attributable to common stock shareholders	$	21,563	$	(79,591)	$	(52,767)
Denominator: (a)
Weighted average basic common shares outstanding	163,238		161,478		159,884
Dilutive securities	2,033		—		—
Weighted average diluted common shares outstanding	165,271		161,478		159,884

Antidilutive securities	21,461		36,030		25,702


Diluted Earnings (loss) per share	$	0.13	$	(0.49)	$	(0.33)

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(a) Vimeo Restricted Shares were included in shares of common stock issued and outstanding at December 31, 2023 and 2022 in the accompanying consolidated balance sheet, but were excluded from the computation of average basic common shares outstanding for EPS purposes for all periods presented because the number of shares that ultimately vest is subject to the satisfaction of certain market-based conditions.