Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the period plus the dilutive effect of outstanding stock options and restricted stock-based awards using the treasury stock method. The following table sets forth the computation of basic and diluted loss per share (in thousands, except per share amounts):

	Year Ended February 28/29,
	2022			2021			2020
Loss from continuing operations before equity in net loss of affiliate and related impairment loss	$	(31,148	)	$	(21,157	)	$	(51,022	)
Equity in net loss of affiliate and related impairment loss		-			-			(530	)
Net loss from continuing operations		(31,148	)		(21,157	)		(51,552	)
Net income (loss) from discontinued operations, net of tax		3,157			(35,152	)		(27,752	)
Net loss	$	(27,991	)	$	(56,309	)	$	(79,304	)

Basic and diluted weighted average number of common shares outstanding		35,254			34,389			33,670

Basic and diluted net income (loss) per common share:
Loss from continuing operations	$	(0.88	)	$	(0.62	)	$	(1.54	)
Income (loss) from discontinued operations		0.09			(1.02	)		(0.82	)
Net loss	$	(0.79	)	$	(1.64	)	$	(2.36	)

Shares subject to anti-dilutive stock options and restricted stock-based awards were excluded from the computation of diluted earnings per share for the fiscal years presented which included outstanding stock options in the amount of 0.7 million, 0.8 million and 1.1 million as well as restricted stock based awards in the amount of 2.9 million, 3.1 million and 2.2 million for all fiscal years ended February 28/29, 2022, 2021, and 2020, respectively.

We have the option to pay cash, issue shares of common stock or any combination thereof for the aggregate amount due upon conversion of the convertible senior notes. It is our intent to settle the principal amount of these notes with cash, and therefore, we use the treasury stock method for calculating any potential dilutive effect of the conversion option on diluted earnings (loss) per share. From the time of the issuance of the notes, the average market price of our common stock has been less than the initial conversion price of the notes, and consequently no shares have been included in diluted earnings per share for the conversion value of the notes.