Net Income (Loss) per Share, as restated

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Net Income (Loss) per Share, as restated

10. Net Income (Loss) per Share, as restated

Basic income (loss) per share (“EPS”) is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of common shares outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted EPS gives effect to all dilutive potential shares of common stock outstanding during the period, including RSUs, using the treasury stock method, unless the inclusion would be anti-dilutive.

The computation of diluted EPS excludes the common stock equivalents of the following potentially dilutive securities because they were either contingently issuable shares or because their inclusion would be anti-dilutive:

	Three and Six Months Ended June 30,
	2023		2022
RSUs		809,510		690,627

The following tables reconcile the numerators and denominators of the basic and diluted EPS computations:

Three months ended June 30, 2023	Income (Numerator) (in millions)		Shares (Denominator)		Per-Share Amount
Basic EPS
Income available to common stockholders	$	5.6		28,186,725	$	0.20
Effect of Dilutive Securities
RSUs		—		886,353	$	(0.01	)
Diluted EPS
Income available to common stockholders	$	5.6	$	29,073,078	$	0.19

Six months ended June 30, 2023	Income (Numerator) (in millions)		Shares (Denominator)		Per-Share Amount
Basic EPS
Income available to common stockholders	$	4.2		28,081,041	$	0.15
Effect of Dilutive Securities
RSUs		—		942,247	$	(0.01	)
Diluted EPS
Income available to common stockholders	$	4.2	$	29,023,288	$	0.14

Three months ended June 30, 2022	Income (Numerator) (in millions)		Shares (Denominator)		Per-Share Amount
Basic EPS
Income available to common stockholders	$	6.4		28,426,248	$	0.23
Effect of Dilutive Securities
RSUs		—		923,470	$	(0.01	)
Diluted EPS
Income available to common stockholders	$	6.4	$	29,349,718	$	0.22

Six months ended June 30, 2022	Income (Numerator) (in millions)		Shares (Denominator)		Per-Share Amount
Basic EPS
Income available to common stockholders	$	7.9		28,431,576	$	0.28
Effect of Dilutive Securities
RSUs		—		1,014,950	$	(0.01	)
Diluted EPS
Income available to common stockholders	$	7.9	$	29,446,526	$	0.27

The calculation of Basic EPS includes the effects of 1,932,560 and 1,599,634 shares for the three and six months ended June 30, 2023 and 2022, respectively, with respect to RSU awards that have vested but have not yet been issued.