XML 45 R28.htm IDEA: XBRL DOCUMENT v3.23.1
Net (Loss) Income Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share
Note 21. Net (Loss) Income Per Share
The following is a reconciliation of the numerator and denominator used to calculate basic earnings per share and diluted earnings per share for the years ended December 31, 2022 and 2021:
Years Ended December 31,
(Amounts in thousands, except share and per share data)20222021
Numerator:
Net (loss) income attributable to stockholders$(93,931)$28,790 
  
Denominator:  
Weighted average shares outstanding, basic142,692,003 138,457,416 
Dilutive effect of option, warrants and restricted stock units— 10,053 
Weighted average shares outstanding, diluted142,692,003 148,510,351 
Net (loss) income attributable to stockholders per share, basic$(0.66)$0.21 
Net (loss) income attributable to stockholders per share, diluted$(0.66)$0.19 

For the year ended December 31, 2022, potential dilutive securities, which include stock options, warrants and restricted stock units have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average number of common shares outstanding used to calculate both basic and diluted net loss per share is the same.

For the year ended December 31, 2021, certain dilutive securities were excluded from the computation of diluted earnings per share as the effect would have been to increase net earnings per share. The aggregate shares not included were
approximately 4,595,000 shares, which were primarily comprised of 4,233,000 shares related to private warrants and 361,000 shares related to stock options.