Earnings per Common Share (sharecounts in thousands) |
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Earnings per Common Share (sharecounts in thousands) | Earnings per Common Share (sharecounts in thousands) Basic earnings per share is based on the weighted average number of shares outstanding and excludes the dilutive effect of common stock equivalents. Diluted earnings per share is based on the weighted average number of shares outstanding and includes the dilutive effect of common stock equivalents to the extent they are not anti-dilutive. Because the Company is in a net loss position for the years ended December 31, 2022, 2021 and 2020, diluted net loss per share for these periods exclude the effects of all common stock equivalents, which are anti-dilutive. A reconciliation of the shares included in the basic and fully diluted earnings per share calculations is as follows:
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