Earnings per Share (EPS)

12 Months Ended

Dec. 31, 2023

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,
	2023		2022		2021
Numerator:
(Loss) income from continuing operations	$	(385,627)	$	36,940	$	3,507
Loss from discontinued operations, net of tax	—		—		(4,858)


Net (loss) income attributable to common stockholders (numerator for EPS)	$	(385,627)	$	36,940	$	(1,351)
Denominator:
Weighted-average shares used in basic EPS	175,640		173,912		173,914
Dilutive effect of common stock equivalents (1)	—		3,340		5,191
Weighted-average shares used in diluted EPS	175,640		177,252		179,105
Basic (loss) earnings per share:
Continuing operations	$	(2.20)	$	0.21	$	0.02
Discontinued operations	—		—		(0.03)
Net (loss) income	$	(2.20)	$	0.21	$	(0.01)
Diluted (loss) earnings per share:
Continuing operations	$	(2.20)	$	0.21	$	0.02
Discontinued operations	—		—		(0.03)
Net (loss) income	$	(2.20)	$	0.21	$	(0.01)

Common stock equivalents excluded from calculation of diluted earnings per share because their impact would be anti-dilutive:	9,421		10,234		6,514

(1) Due to the net loss from continuing operations for the year ended December 31, 2023, an additional 4.0 million of common stock equivalents were also excluded from the calculation of diluted earnings per share.