Loss Per Common Share

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Loss Per Common Share

3. Loss Per Common Share

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2021			2020			2021			2020
	(Dollars In Thousands, Except Per Share Amounts)
Numerator:
Net income (loss)	$	(8,928	)	$	(20,402	)	$	1,463		$	(40,219	)
Adjustments for basic income (loss) per common share:
Dividend requirements on Series E Redeemable    Preferred		(10,190	)		(8,889	)		(29,914	)		(25,885	)
Deemed dividend on Series E and Series F    Redeemable Preferred		(231,812	)		—			(231,812	)		—
Dividend requirements on Series B Preferred		(60	)		(60	)		(180	)		(180	)
Dividend requirements on Series D Preferred		(15	)		(15	)		(45	)		(45	)
Accretion of Series E Redeemable Preferred		(499	)		(508	)		(1,523	)		(1,517	)
Numerator for basic and diluted net loss per common    share	$	(251,504	)	$	(29,874	)	$	(262,011	)	$	(67,846	)
Denominator:
Denominator for basic and diluted net income (loss) per    common share - adjusted weighted-average    shares (1)		39,351,875			36,675,477			37,752,342			36,654,416
Basic and diluted net loss per common share	$	(6.39	)	$	(0.81	)	$	(6.94	)	$	(1.85	)

(1) Excludes the weighted-average shares of unvested restricted stock that are contingently issuable.

3.  Loss Per Common Share (continued)

The following weighted-average shares of securities were not included in the computation of diluted net loss per common share as their effect would have been antidilutive:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Restricted stock and stock units		2,426,419		1,719,451		2,211,674		1,619,381
Convertible preferred stocks		1,191,666		1,191,666		1,191,666		1,191,666
Series E Redeemable Preferred - embedded derivative		—		303,646		—		303,646
Stock options		64,318		138,843		64,318		138,843
		3,682,403		3,353,606		3,467,658		3,253,536