Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Computation of Earnings (Loss) Per Share

The computation of Earnings per share is as follows (in thousands, except per share data):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2022			2021		2022		2021
Net (loss) income	$	(2,941	)	$	2,431	$	6,944	$	13,675
Basic weighted-average common shares outstanding		67,680			69,067		68,775		68,576
Effect of dilutive stock-based compensation awards (1)		—			1,878		1,248		2,489
Diluted weighted-average common shares outstanding		67,680			70,945		70,023		71,065
(Loss) earnings per share, basic	$	(0.04	)	$	0.04	$	0.10	$	0.20
(Loss) earnings per share, diluted		(0.04	)		0.03		0.10		0.19

There were 3,581 and 1,369 potential common shares excluded from diluted weighted-average common shares outstanding for the three months ended September 30, 2022 and September 30, 2021, respectively, and 2,027 and 1,376 potential common shares excluded from diluted weighted-average common shares outstanding for the nine months ended September 30, 2022 and September 30, 2021, respectively, as their inclusion would have had an anti-dilutive effect.