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Net Income (Loss) Per Common Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share Net Income (Loss) Per Common Share
Net income (loss) per common share is calculated using two methods: basic and diluted.
Basic Net Income (Loss) Per Common Share
The following table provides a reconciliation of net income (loss) to net income (loss) available to common stockholders and calculation of basic net income (loss) per common share for each of the three and six months ended June 30, 2024 and 2023 (in thousands, except share and per share amounts):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Net income from continuing operations$17,621 $9,251 $26,682 $7,309 
Income (loss) from discontinued operations, net of tax4 (8,051)204 (11,092)
Net income (loss)17,625 1,200 26,886 (3,783)
Accumulated dividend on previously converted Series B Preferred Stock— 1,728 — 3,411 
Net income available to common stockholders from continuing operations $17,621 $7,523 $26,682 $3,898 
Weighted average common shares outstanding147,326,273 115,866,371 147,033,879 115,136,646 
Basic net income (loss) per common share:
Continuing operations$0.12 $0.07 $0.18 $0.04 
Discontinued operations0.00 (0.07)0.00 (0.10)
Basic net income (loss) per common share$0.12 $0.00 $0.18 $(0.06)
Diluted Net Income (Loss) Per Common Share
The following table sets forth the computation of diluted net income (loss) per common share (in thousands, except share and per share amounts):
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Net income available to common stockholders from continuing operations $17,621 $7,523 $26,682 $3,898 
Adjustments:
Dividends on Series B Preferred Stock— 1,728 — 3,411 
Less: antidilutive adjustments— — — (3,411)
Total adjustments— 1,728 — — 
Numerator
Net income available to common stockholders from continuing operations 17,621 9,251 26,682 3,898 
Income (loss) from discontinued operations, net of tax4 (8,051)204 (11,092)
Weighted average shares outstanding147,326,273 115,866,371 147,033,879 115,136,646 
Adjustments:
Potential common shares (a)
Series B Preferred Stock— 29,997,271 — — 
Restricted stock unit awards1,076,243 943,659 1,635,983 674,215 
Outstanding stock options423,756 5,190 477,572 65 
Performance stock unit awards59,092 16,189 57,335 11,486 
Employee stock purchase plan12,556 — 6,243 2,870 
Restricted stock awards— 34,244 — 24,572 
Total adjustments1,571,647 30,996,553 2,177,133 713,208 
Weighted average shares outstanding adjusted for potential common shares148,897,920 146,862,924 149,211,012 115,849,854 
Diluted net income (loss) per common share:
Continuing operations$0.12 $0.06 $0.18 $0.04 
Discontinued operations0.00 (0.05)0.00 (0.10)
Diluted net income (loss) per common share$0.12 $0.01 $0.18 $(0.06)
(a) Weighted average common shares outstanding for the calculation of diluted net income (loss) per common share does not include the following adjustments for potential common shares below because their effects were determined to be antidilutive for the periods presented.
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Series B Preferred Stock— — — 29,559,946