v3.25.4
Earnings (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Summary of Computation of Basic and Diluted Earnings (Loss) Per Share
The calculations of basic earnings (loss) per share and diluted earnings (loss) per share are as follows:
 
    
Consolidated
net income

(loss)
    
Weighted

average

number of

shares
    
Per

share

amount
 
    
(’000)
               
Year ended December 31, 2019
        
Basic loss per share
   $ (13,191      38,330,742      $ (0.34
  
 
 
       
 
 
 
Effect of dilutive securities — Stock options
        —      
     
 
 
    
Diluted loss per share
   $ (13,191      38,330,742      $ (0.34
  
 
 
    
 
 
    
 
 
 
 
    
Consolidated
net income

(loss)
    
Weighted

average

number of

shares
    
Per

share

amount
 
    
(’000)
               
Year ended December 31, 2020
        
Basic loss per share
   $ 15,693        39,012,137      $ 0.40  
  
 
 
       
 
 
 
Effect of dilutive securities — Stock options
        33,027     
     
 
 
    
Diluted loss per share
   $ 15,693        39,045,164      $ 0.40  
  
 
 
    
 
 
    
 
 
 
 
    
Consolidated
net income

(loss)
    
Weighted

average

number of

shares
    
Per

share

amount
 
    
(’000)
               
Year ended December 31, 2021
        
Basic earnings per share
   $ (53,433      39,232,991      $ (1.36
  
 
 
       
 
 
 
Effect of dilutive securities — Stock options
        —      
     
 
 
    
Diluted earnings per share
   $ (53,433      39,232,991      $ (1.36
  
 
 
    
 
 
    
 
 
 
 
    
Consolidated
net income
(loss)
    
Weighted
average
number of
shares
    
Per
share
amount
 
    
(’000)
               
Year ended December 31, 2022
        
Basic loss per share
   $ (52,864)        39,454,157      $ (1.34
  
 
 
       
 
 
 
Effect of dilutive securities — Stock options
        —      
Effect of dilutive securities — Equity awards
        —      
     
 
 
    
Diluted loss per share
   $ (52,864)        39,454,157      $ (1.34
  
 
 
    
 
 
    
 
 
 
 
    
Consolidated
net income
(loss)
    
Weighted
average
number of
shares
    
Per
share
amount
 
    
(’000)
               
Year ended December 31, 2023
        
Basic loss per share
   $ (50,448      52,116,203      $ (0.97
  
 
 
       
 
 
 
Effect of dilutive securities — Stock options
        —      
Effect of dilutive securities — Equity awards
        —      
     
 
 
    
Diluted loss per share
   $ (50,448      52,116,203      $ (0.97
  
 
 
    
 
 
    
 
 
 
 
    
Consolidated
net income
(loss)
    
Weighted
average
number of
shares
    
Per
share
amount
 
    
(’000)
               
Year ended December 31, 2024
        
Basic loss per share
   $ 29,146        58,851,561      $ 0.50  
  
 
 
       
 
 
 
Effect of dilutive securities — Stock options
        —      
Effect of dilutive securities — Equity awards
        802,196     
     
 
 
    
Diluted loss per share
   $ 29,146        59,653,757      $ 0.49