Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

v3.22.2
Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2022
Earnings (Loss) Per Share  
Earnings (Loss) Per Share

11.   Earnings (Loss) Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS for the three and six months ended June 30, 2022 and June 30, 2021:

Three Months Ended

Six Months Ended

June 30, 

June 30, 

2022

2021

2022

2021

Numerator:

    

  

    

  

    

Net Income (loss) (basic and diluted)

$

10,290

$

(12,568)

$

14,869

$

(6,924)

Denominator:

 

 

 

 

Weighted-average common shares outstanding

 

163,610

 

149,596

 

163,114

 

137,355

Dilutive effect of share-based awards

 

6,613

 

 

7,245

 

Weighted-average dilutive shares outstanding

 

170,223

 

149,596

 

170,359

 

137,355

Basic earnings (loss) per share

$

0.06

$

(0.08)

$

0.09

$

(0.05)

Diluted earnings (loss) per share

$

0.06

$

(0.08)

$

0.09

$

(0.05)

Approximately 5.5 million and 5.2 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation in the three and six months ended June 30, 2022, respectively, because they were antidilutive. Approximately 16.3 million and 16.4 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation in the three and six months ended June 30, 2021, respectively, because they were also antidilutive.