Earnings per Share (EPS)

12 Months Ended

Dec. 31, 2021

The calculations of basic and diluted earnings per share are presented below. The sum of earnings per share amounts may not equal the totals due to rounding.


	Years Ended December 31,
	2021		2020		2019
Numerator:
Income (loss) from continuing operations	$	3,507	$	(190,491)	$	39,859
(Loss) income from discontinued operations, net of tax	(4,858)		10,115		154,460
Net (loss) income (numerator for diluted EPS)	(1,351)		(180,376)		194,319
Less: Preference stock dividend	—		—		8
(Loss) income attributable to common stockholders (numerator for basic EPS)	$	(1,351)	$	(180,376)	$	194,311
Denominator:
Weighted-average shares used in basic EPS	173,914		171,519		176,251
Dilutive effect of common stock equivalents (1)	5,191		—		1,198
Weighted-average shares used in diluted EPS	179,105		171,519		177,449
Basic (loss) earnings per share:
Continuing operations	$	0.02	$	(1.11)	$	0.23
Discontinued operations	(0.03)		0.06		0.88
Net (loss) income	$	(0.01)	$	(1.05)	$	1.10
Diluted (loss) earnings per share:
Continuing operations	$	0.02	$	(1.11)	$	0.22
Discontinued operations	(0.03)		0.06		0.87
Net (loss) income	$	(0.01)	$	(1.05)	$	1.10

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	6,514		11,626		15,751

(1) Due to the loss from continuing operations for the year ended December 31, 2020, common stock equivalents of 2,483 were excluded from the calculation of diluted earnings per share as the impact would have been anti-dilutive.