The following table sets forth the computation of basic and diluted earnings (loss) per share from continuing operations: | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | 2024 | | | | | | Basic earnings (loss) per share: | | | | | | | | | Loss from continuing operations | $ | (7,275) | | | $ | (12,210) | | | | | | | Less: Allocation of earnings to participating securities | — | | | — | | | | | | | Loss from continuing operations available to common shareholders - basic | $ | (7,275) | | | $ | (12,210) | | | | | | | Basic weighted-average shares outstanding (1) | 14,481 | | | 14,639 | | | | | | | Basic earnings (loss) per share - continuing operations | $ | (0.50) | | | $ | (0.83) | | | | | | | | | | | | | | | Diluted earnings (loss) per share: | | | | | | | | | Loss from continuing operations available to common shareholders - basic | $ | (7,275) | | | $ | (12,210) | | | | | | | Add: Undistributed earnings reallocated to unvested shareholders | — | | | — | | | | | | | Loss from continuing operations available to common shareholders - basic | $ | (7,275) | | | $ | (12,210) | | | | | | | Basic weighted-average shares outstanding (1) | 14,481 | | | 14,639 | | | | | | | Effect of dilutive securities: | | | | | | | | | Stock options (2) | — | | | — | | | | | | | Directors' stock performance units (2) | — | | | — | | | | | | | Diluted weighted-average shares outstanding (1)(2) | 14,481 | | | 14,639 | | | | | | | Diluted earnings (loss) per share - continuing operations | $ | (0.50) | | | $ | (0.83) | | | | | |
(1)Includes Common and Class B Common shares, excluding 637 and 880 unvested participating securities, in thousands, for 2025 and 2024, respectively. (2)Shares issuable under stock option plans where the exercise price is greater than the average market price of the Company's Common Stock during the relevant period and directors' stock performance units have been excluded to the extent they are anti-dilutive. Aggregate shares, in thousands, excluded were 408 in 2025 and 474 in 2024.
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