| Schedule of the Computation of Basic and Diluted Earnings per Share |
The computations of basic and diluted earnings per share for the three and nine months ended September 30, 2021 and 2020 were as follows (in thousands, except per share data): | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2021 | | 2020 | | 2021 | | 2020 | | Numerator: | | | | | | | | | Loss from continuing operations | $ | (22,330) | | | $ | (7,043) | | | $ | (46,344) | | | $ | (24,714) | | | | | | | | | | | Allocation of earnings to unvested restricted share awards | 121 | | | (151) | | | (349) | | | (453) | | | Adjusted net loss from continuing operations | (22,209) | | | (7,194) | | | (46,693) | | | (25,167) | | | Income from discontinued operations | 53,649 | | | 6,087 | | | 69,524 | | | 20,071 | | | Allocation of earnings to unvested restricted share awards to discontinued operations | (283) | | | — | | | — | | | — | | | Adjusted income from discontinuing operations | 53,366 | | | 6,087 | | | 69,524 | | | 20,071 | | | Adjusted net income (loss) | $ | 31,157 | | | $ | (1,107) | | | $ | 22,831 | | | $ | (5,096) | | | Denominator: | | | | | | | | | Weighted average shares outstanding – basic and diluted | 84,496 | | | 82,186 | | | 84,457 | | | 82,142 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Earnings per common share, basic: | | | | | | | | | Continuing operations | $ | (0.26) | | | $ | (0.09) | | | $ | (0.55) | | | $ | (0.31) | | | Discontinued operations | 0.63 | | | 0.07 | | | 0.82 | | | 0.24 | | Basic net income (loss) per common share (1) | $ | 0.37 | | | $ | (0.01) | | | $ | 0.27 | | | $ | (0.06) | | | Earnings per common share, diluted: | | | | | | | | | Continuing operations | $ | (0.26) | | | $ | (0.09) | | | $ | (0.55) | | | $ | (0.31) | | | Discontinued operations | 0.63 | | | 0.07 | | | 0.82 | | | 0.24 | | Diluted net income (loss) per common share (1) | $ | 0.37 | | | $ | (0.01) | | | $ | 0.27 | | | $ | (0.06) | | | | | | | | | | | Dividends declared per common share | $ | 0.17 | | | $ | 0.30 | | | $ | 0.77 | | | $ | 0.90 | |
______________ (1) Earnings per share may not sum due to rounding
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