v3.25.1
Net (Loss) Income per Common Share
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Net (Loss) Income per Common Share

2. Net (Loss) Income per Common Share

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

 

 

(In Thousands, Except Per Share Amounts)

 

Numerator:

 

 

 

 

 

 

Net (loss) income

 

$

(1,640

)

 

$

5,623

 

Numerator for basic and diluted net
  (loss) income per common share

 

$

(1,640

)

 

$

5,623

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Denominator for basic net (loss) income per
   common share - adjusted weighted-average
   shares

 

 

71,837

 

 

 

72,842

 

Effect of dilutive securities:

 

 

 

 

 

 

Unvested restricted stock and stock units

 

 

 

 

 

331

 

Dilutive potential common shares

 

 

 

 

 

331

 

Denominator for diluted net (loss) income per
   common share - adjusted weighted-average
   shares

 

 

71,837

 

 

 

73,173

 

 

 

 

 

 

 

 

Basic net (loss) income per common share

 

$

(0.02

)

 

$

0.08

 

 

 

 

 

 

 

 

Diluted net (loss) income per common share

 

$

(0.02

)

 

$

0.08

 

 

The following securities were not included in the computation of diluted net (loss) income per common share as their effect would have been antidilutive:

 

 

Three Months Ended March 31,

 

 

2025

 

2024

 

 

 

 

 

Restricted stock and stock units

 

2,030,647

 

714,563

Stock options

 

 

13,000

 

2,030,647

 

727,563