Earnings per Share (EPS) (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of Calculation of Numerator and Denominator in Earnings Per Share


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Numerator:
Income (loss) from continuing operations	$	10,773	$	5,345	$	(208,071)	$	32,112
Income (loss) from discontinued operations, net of tax	616		(8,470)		7,648		(14,199)
Net income (loss) (numerator for diluted EPS)	11,389		(3,125)		(200,423)		17,913
Less: Preference stock dividend	—		—		—		8
Income (loss) attributable to common stockholders (numerator for basic EPS)	$	11,389	$	(3,125)	$	(200,423)	$	17,905
Denominator:
Weighted-average shares used in basic EPS	171,828		170,326		171,388		178,048
Dilutive effect of common stock equivalents (1)	2,876		875		—		1,048
Weighted-average shares used in diluted EPS	174,704		171,201		171,388		179,096
Basic earnings (loss) per share (2):
Continuing operations	$	0.06	$	0.03	$	(1.21)	$	0.18
Discontinued operations	—		(0.05)		0.04		(0.08)
Net income (loss)	$	0.07	$	(0.02)	$	(1.17)	$	0.10
Diluted earnings (loss) per share (2):
Continuing operations	$	0.06	$	0.03	$	(1.21)	$	0.18
Discontinued operations	—		(0.05)		0.04		(0.08)
Net income (loss)	$	0.07	$	(0.02)	$	(1.17)	$	0.10

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	14,828		16,182		15,855		16,166

(1) Dilutive effect of common stock equivalents for the nine months ended September 30, 2020 was 1,604 shares; however, this amount was not included in the calculation of diluted earnings per share as the impact would have been anti-dilutive.

(2) The sum of the earnings per share amounts may not equal the totals due to rounding.