(LOSS) EARNINGS PER SHARE

3 Months Ended

Sep. 30, 2023

The following table sets forth the computation of basic and diluted net (loss) income per share on the Consolidated Statements of Operations:


	Three Months Ended September 30,
	2023		2022
Numerator:
Net (loss) income	$	(10,376)	$	6,923

Denominator:
Basic weighted average shares outstanding	89,512		89,307
Effect of dilutive stock options, unvested restricted stock and unvested restricted share units	—		186
Diluted weighted average shares outstanding	89,512		89,493


Basic net (loss) income per common share	$	(0.12)	$	0.08


Diluted net (loss) income per common share	$	(0.12)	$	0.08

Due to the incurred net loss in the three months ended September 30, 2023, all common stock equivalents such as stock options and unvested restricted stock awards have been excluded from the computation of diluted net loss per share because the effect would have been anti-dilutive to the computations.

There were 489 restricted stock awards excluded from the calculation of diluted net income per share for the three months ended September 30, 2022, as such awards were anti-dilutive. Additionally, for the three months ended September 30, 2023 and 2022 there were 372 and 298, stock-based awards outstanding, that were contingently issuable based on market conditions, and such conditions had not been achieved during the respective periods.