Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net (Loss) Income per Share (Tables)

v3.22.4
Net (Loss) Income per Share (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table shows the calculations for the years ended December 31, 2022, 2021 and 2020 (in thousands, except per share amounts):
  2022 2021 2020
NET (LOSS) INCOME $ (144,250) $ (8,347) $ 4,172 
Basic weighted average common shares outstanding 124,217  119,962  108,579 
Dilutive effect of stock options —  —  3,010 
Dilutive effect of restricted stock awards —  —  205 
Diluted weighted average shares outstanding 124,217  119,962  111,794 
Basic net (loss) income per share $ (1.16) $ (0.07) $ 0.04 
Diluted net (loss) income per share $ (1.16) $ (0.07) $ 0.04 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following potential dilutive shares were excluded from the calculation of diluted net (loss) income per share because their effect would be anti-dilutive for the years ended December 31, 2022, 2021 and 2020:
2022 2021 2020
Stock options 199  1,892  — 
Restricted stock awards 312  194  — 
2025 Convertible Notes 5,538  5,538  3,723 
2028 Convertible Notes 5,215  5,130  —