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Capital Stock
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Capital Stock Capital Stock
The authorized capital stock of the Company consists of 150,000,000 shares of common stock and 4,000,000 shares of preferred stock, both having a par value of $1.25 per share. The preferred stock is issuable in series with terms as fixed by the Board. No preferred stock has been issued. The following table summarizes the Company's common stock activity during the period from January 1, 2021 to December 31, 2023:
 Shares
Issued
Treasury
Shares (a)
Outstanding
Shares
Outstanding, January 1, 2021115,430,042 36,505,672 78,924,370 
Shares issued for vested restricted stock units305,535 112,275 193,260 
Shares issued for vested performance stock units124,077 54,950 69,127 
Stock appreciation rights exercised46,739 17,950 28,789 
Outstanding, December 31, 2021115,906,393 36,690,847 79,215,546 
Shares issued for vested restricted stock units341,051 131,089 209,962 
Shares issued for vested restricted stock awards87,765 40,304 47,461 
Stock appreciation rights exercised23,311 6,640 16,671 
Outstanding, December 31, 2022116,358,520 36,868,880 79,489,640 
Shares issued for vested restricted stock units401,385 122,659 278,726 
Shares issued for vested restricted stock awards124,106 57,637 66,469 
Outstanding, December 31, 2023116,884,011 37,049,176 79,834,835 
The following is a reconciliation of the average shares of common stock used to compute basic earnings per common share to the shares used to compute diluted earnings per common share as shown on the Consolidated Statements of Operations:
(In thousands, except per share data)202320222021
Income (loss) from continuing operations attributable to Enviri Corporation common stockholders$(45,519)$(137,155)$22,137 
Weighted-average shares outstanding—basic79,796 79,493 79,234 
Dilutive effect of stock-based compensation — 1,055 
Weighted-average shares outstanding—diluted79,796 79,493 80,289 
Income (loss) from continuing operations per common share, attributable to Enviri Corporation common stockholders:
Basic$(0.57)$(1.73)$0.28 
Diluted$(0.57)$(1.73)$0.28 
The following average outstanding stock-based compensation units were not included in the computation of diluted earnings per share because the effect was antidilutive or the market conditions for the performance share units were not met:
(In thousands)202320222021
Restricted stock units1,219 672 — 
Stock appreciation rights2,303 2,092 826 
Performance share units1,341 1,040 865