Earnings per Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

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


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Numerator:
Income (loss) from continuing operations	$	4,336	$	20,876	$	25,157	$	(6,779)
Loss from discontinued operations, net of tax	—		(1,020)		—		(4,906)


Net income (loss)	$	4,336	$	19,856	$	25,157	$	(11,685)
Denominator:
Weighted-average shares used in basic EPS	173,490		173,970		173,859		173,367
Dilutive effect of common stock equivalents (1)	3,479		5,009		3,814		—
Weighted-average shares used in diluted EPS	176,969		178,979		177,673		173,367
Basic earnings (loss) per share:
Continuing operations	$	0.02	$	0.12	$	0.14	$	(0.04)
Discontinued operations	—		(0.01)		—		(0.03)
Net income (loss)	$	0.02	$	0.11	$	0.14	$	(0.07)
Diluted earnings (loss) per share:
Continuing operations	$	0.02	$	0.12	$	0.14	$	(0.04)
Discontinued operations	—		(0.01)		—		(0.03)
Net income (loss)	$	0.02	$	0.11	$	0.14	$	(0.07)

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	9,602		6,451		9,602		6,451

(1) Due to the net loss for the six months ended June 30, 2021, common stock equivalents of 5,382 were also excluded from the calculation of diluted earnings per share.