Earnings Per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

11. Earnings Per Share:

We have adopted the provisions of ASC 260, “Earnings Per Share,” requiring presentation of both basic and diluted earnings per share. A reconciliation of the numerators and denominators of the basic and diluted per share calculations is presented below (in thousands, except per share amounts):

	2022		2021
Numerator for both basic and diluted earnings per share:
Net loss from continuing operations	$	(134,927)	$	(9,775)
Net income from discontinued operations		26,817		18,779
Net (loss) income	$	(108,110)	$	9,004
Denominator, basic shares		1,818		1,816
Effect of dilutive securities:
Stock-based compensation awards		—		—
Denominator, diluted shares		1,818		1,816
Net (loss) income per share basic:
Net loss from continuing operations	$	(74.22)	$	(5.38)
Net income from discontinued operations		14.75		10.34
Basic earmings per share	$	(59.47)	$	4.96
Net (loss) income per share diluted:
Net loss from continuing operations	$	(74.22)	$	(5.38)
Net income from discontinued operations		14.75		10.34
Diluted earmings per share	$	(59.47)	$	4.96

We had no shares of common stock potentially issuable upon exercise of employee stock options for the years ended December 31, 2022 and 2021.