v3.25.2
EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2025
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

NOTE 14. EARNINGS (LOSS) PER SHARE

Basic earnings (loss) per share is computed by dividing earnings (loss) by the weighted average number of common shares outstanding during each period. Diluted earnings (loss) per share is computed by dividing earnings (loss) by the total of the weighted average number of shares of common stock outstanding during each period, plus the effect of dilutive outstanding stock options and unvested restricted stock grants. Potentially dilutive securities are excluded from the computation of diluted earnings (loss) per share if their effect is anti-dilutive to the loss from continuing operations.

The following table is a reconciliation of basic and diluted shares of common stock outstanding used in the calculation of earnings (loss) per share:

Three Months Ended

Six Months Ended

June 30, 2025

    

June 30, 2024

    

June 30, 2025

    

June 30, 2024

Weighted average shares outstanding - basic

38,402

38,297

38,384

38,253

Effect of dilutive stock awards

-

-

-

-

Weighted average shares outstanding - diluted

38,402

38,297

38,384

38,253

Loss from continuing operations per share:

Basic

$

(0.22)

$

(0.14)

$

(0.36)

$

(0.31)

Diluted

(0.22)

(0.14)

(0.36)

(0.31)

Income from discontinued operations per share:

Basic

$

-

$

-

$

-

$

0.74

Diluted

-

-

-

0.74

Net (loss) income per share:

Basic

$

(0.22)

$

(0.14)

$

(0.36)

$

0.43

Diluted

(0.22)

(0.14)

(0.36)

0.43

For the three months ended June 30, 2025 and 2024, equity awards of 4,644 and 5,762, respectively, and for the six months ended June 30, 2025 and 2024, equity awards of 4,455 and 5,405, respectively, were excluded from the calculation of earnings (loss) per share for these periods as they were anti-dilutive.