Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.24.1.u1
Earnings Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share  
Earnings Per Share

11.   Earnings Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS for the three months ended March 31, 2024 and March 31, 2023:

Three Months Ended

March 31, 

2024

2023

Numerator:

    

  

    

  

Net Income (basic and diluted)

$

7,156

$

12,175

Denominator:

 

 

Weighted-average common shares outstanding

 

171,306

 

165,631

Dilutive effect of share-based awards

 

4,818

 

6,026

Weighted-average dilutive shares outstanding

 

176,124

 

171,657

Basic earnings per share

$

0.04

$

0.07

Diluted earnings per share

$

0.04

$

0.07

Approximately 6.2 million and 7.1 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation in the three months ended March 31, 2024 and March 31, 2023, respectively, because they were antidilutive.