v3.25.1
Net (Loss) Income per Common Share (Tables)
3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Computation of Basic and Diluted 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

 

Antidilutive Securities Excluded from Computation of Diluted Net (Loss) Income Per Common Share

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