v3.25.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Summary of Computation of Earnings Per Share

The following table summarizes our net income or loss and the number of common shares used in the computation of basic and diluted income or loss per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

 

 

For the Three Months Ended March 31,

 

(Amounts in thousands, except per share amounts)

 

2025

 

 

2024

 

Numerator:

 

 

 

 

 

 

Net (loss) income attributable to common stockholders

 

$

(10,026

)

 

$

9,865

 

Earnings allocated to unvested participating securities

 

 

-

 

 

 

(9

)

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

 

$

(10,026

)

 

$

9,856

 

Denominator:

 

 

 

 

 

 

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

 

 

218,005

 

 

 

217,106

 

Effect of dilutive stock-based compensation plans (1)

 

 

-

 

 

 

80

 

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

 

 

218,005

 

 

 

217,186

 

 

 

 

 

 

 

 

(Loss) income per common share - basic and diluted

 

$

(0.05

)

 

$

0.05

 

 

(1)
The effect of dilutive securities excludes 20,712 and 21,928 weighted average share equivalents for the three months ended March 31, 2025 and 2024, respectively, as their effect was anti-dilutive.