Earnings per Share (EPS) (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The calculations of basic and diluted earnings per share are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.


	Years Ended December 31,
	2022		2021		2020
Numerator:
Income (loss) from continuing operations	$	36,940	$	3,507	$	(190,491)
(Loss) income from discontinued operations, net of tax	—		(4,858)		10,115


Income (loss) attributable to common stockholders (numerator for EPS)	$	36,940	$	(1,351)	$	(180,376)
Denominator:
Weighted-average shares used in basic EPS	173,912		173,914		171,519
Dilutive effect of common stock equivalents (1)	3,340		5,191		—
Weighted-average shares used in diluted EPS	177,252		179,105		171,519
Basic earnings (loss) per share:
Continuing operations	$	0.21	$	0.02	$	(1.11)
Discontinued operations	—		(0.03)		0.06
Net income (loss)	$	0.21	$	(0.01)	$	(1.05)
Diluted earnings (loss) per share:
Continuing operations	$	0.21	$	0.02	$	(1.11)
Discontinued operations	—		(0.03)		0.06
Net income (loss)	$	0.21	$	(0.01)	$	(1.05)

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	10,234		6,514		11,626

(1) Due to the loss from continuing operations for the year ended December 31, 2020, common stock equivalents of 2,483 were excluded from the calculation of diluted earnings per share as the impact would have been anti-dilutive.