EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Reconciliation of Basic and Diluted Earnings (Loss) Per Share

The following is a reconciliation of the numerator and denominator for basic and diluted income (loss) per share for the three months and six months ended June 30, 2023 and 2022 (in thousands, except per share amounts):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Basic income (loss) per Share
Numerator:
Loss attributable to shareholders from continuing operations	$	(84,741)	$	(72,342)	$	(81,218)	$	(80,056)
Net income attributable to shareholders from discontinued operations, net of tax	3,340		5,366		53,680		8,111
Loss attributable to common shareholders	$	(81,401)	$	(66,976)	$	(27,538)	$	(71,945)
Denominator:
Weighted-average common shares outstanding*	79,519		67,923		77,615		65,660
Basic income (loss) per common shares
Continuing operations	$	(1.07)	$	(1.07)	$	(1.05)	$	(1.22)
Discontinued operations, net of tax	0.04		0.08		0.69		0.12
Basic loss per share	$	(1.03)	$	(0.99)	$	(0.36)	$	(1.10)

* Excludes 3.6 million and 36.2 million shares of common stock for the period ended June 30, 2023 and 2022, respectively, which may be issued upon conversion of the Convertible Senior Notes, based on the initial maximum conversion rate of 233.6449 shares of the Company’s common stock per $1,000 principal amount of Convertible Senior Notes. These were excluded due to their anti-dilutive effect.