Earnings per Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of Calculation of Numerator and Denominator in Earnings Per Share


	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Numerator:
Income (loss) from continuing operations	$	20,876	$	(297)	$	(6,779)	$	(218,844)
(Loss) income from discontinued operations, net of tax	(1,020)		(3,032)		(4,906)		7,032


Net income (loss)	$	19,856	$	(3,329)	$	(11,685)	$	(211,812)
Denominator:
Weighted-average shares used in basic EPS	173,970		171,478		173,367		171,167
Dilutive effect of common stock equivalents (1)	5,009		—		—		—
Weighted-average shares used in diluted EPS	178,979		171,478		173,367		171,167
Basic earnings (loss) per share (2):
Continuing operations	$	0.12	$	—	$	(0.04)	$	(1.28)
Discontinued operations	(0.01)		(0.02)		(0.03)		0.04
Net income (loss)	$	0.11	$	(0.02)	$	(0.07)	$	(1.24)
Diluted earnings (loss) per share (2):
Continuing operations	$	0.12	$	—	$	(0.04)	$	(1.28)
Discontinued operations	(0.01)		(0.02)		(0.03)		0.04
Net income (loss)	$	0.11	$	(0.02)	$	(0.07)	$	(1.24)

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	6,451		19,963		6,451		18,297

(1) Due to the net loss for the three months ended June 30, 2020 and the six months ended June 30, 2021 and 2020, common stock equivalents of 1,019, 5,382 and 1,190, respectively, were also excluded from 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.