Schedule of Basic Net Loss Per Common Share |
The following table provides a reconciliation of net income from continuing operations and calculation of basic net income per common share for each of the three and six months ended June 30, 2025 and 2024 (in thousands, except share and per share amounts). | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | Net income from continuing operations | $ | 9,618 | | | $ | 17,621 | | | $ | 16,639 | | | $ | 26,682 | | Income from discontinued operations, net of tax | — | | | 4 | | | — | | | 204 | | Net income | 9,618 | | | 17,625 | | | 16,639 | | | 26,886 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Weighted average common shares outstanding | 147,761,332 | | | 147,326,273 | | | 147,518,179 | | | 147,033,879 | | Basic net income per common share: | | | | | | | | Continuing operations | 0.07 | | | $ | 0.12 | | | 0.11 | | | $ | 0.18 | | Discontinued operations | — | | | 0.00 | | | — | | | 0.00 | | Basic net income per common share | $ | 0.07 | | | $ | 0.12 | | | $ | 0.11 | | | $ | 0.18 | |
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Schedule of Diluted Net Loss Per Common Share |
The following table sets forth the computation of diluted net income per common share (in thousands, except share and per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net income from continuing operations | $ | 9,618 | | | $ | 17,621 | | | $ | 16,639 | | | $ | 26,682 | | Income from discontinued operations, net of tax | — | | | 4 | | | — | | | 204 | | Net income | 9,618 | | | 17,625 | | | 16,639 | | | 26,886 | | Weighted average shares outstanding | 147,761,332 | | | 147,326,273 | | | 147,518,179 | | | 147,033,879 | | Adjustments: | | | | | | | | Potential common shares | | | | | | | | Restricted stock unit awards | 905,549 | | | 1,076,243 | | | 1,267,682 | | | 1,635,983 | | Outstanding stock options | 461,125 | | | 423,756 | | | 535,856 | | | 477,572 | | Performance stock unit awards | 173,973 | | | 59,092 | | | 205,205 | | | 57,335 | | Employee stock purchase plan | 15,302 | | | 12,556 | | | 2,622 | | | 6,243 | | Total adjustments | 1,555,949 | | | 1,571,647 | | | 2,011,365 | | | 2,177,133 | | Weighted average shares outstanding adjusted for potential common shares | 149,317,281 | | | 148,897,920 | | | 149,529,544 | | | 149,211,012 | | Diluted net income per common share: | | | | | | | | Continuing operations | $ | 0.06 | | | $ | 0.12 | | | $ | 0.11 | | | $ | 0.18 | | Discontinued operations | — | | | 0.00 | | | — | | | 0.00 | | Diluted net income per common share | $ | 0.06 | | | $ | 0.12 | | | $ | 0.11 | | | $ | 0.18 | |
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