Stock Compensation and Earnings (Loss) per Share (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of stock compensation expense

Stock-based compensation expense was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2023		2022		2023		2022
Stock compensation expense	2,878		2,557		6,730		5,809
Capitalized stock compensation	(275)		(172)		(410)		(281)
Stock compensation expense, net	$	2,603	$	2,385	$	6,320	$	5,528

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following table indicates the computation of basic and diluted earnings (loss) per share:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except per share amounts)	2023		2022		2023		2022
Calculation of net income (loss) per share:
Net income (loss)	$	1,790	$	(3,225)	$	3,856	$	(3,828)
Basic weighted average shares outstanding	50,366		50,157		50,330		50,133
Basic net income (loss) per share	$	0.04	$	(0.06)	$	0.08	$	(0.08)
Effect of stock-based compensation awards outstanding:
Basic weighted average shares outstanding	50,366		50,157		50,330		50,133
Effect from dilutive shares and options outstanding	327		—		239		—
Diluted weighted average shares outstanding	50,693		50,157		50,569		50,133
Diluted net income (loss) per share	$	0.04	$	(0.06)	$	0.08	$	(0.08)