Basic (loss) earnings per share are computed by dividing net (loss) income by the weighted average number of shares of the Common Stock, outstanding during the period. The Company’s diluted (loss) earnings per share give effect to all potential shares of Common Stock outstanding during a period that do not have an anti-dilutive impact to the calculation. In computing the diluted (loss) earnings per share, the treasury stock method is used in determining the number of shares assumed to be issued from the exercise of Common Stock equivalents.

The following table illustrates (loss) earnings per share and the weighted average shares outstanding used in calculating basic and diluted (loss) earnings per share:


	Three Months Ended September 30,					Nine Months Ended September 30,
	2026			2025		2026		2025
Net (loss) income	$	(2,590	)	$	14,949	$	6,048	$	15,298

Basic weighted average shares of Common Stock outstanding		30,671,855			30,479,846		30,613,282		30,618,564
Dilutive effect of restricted stock, restricted stock units and performance stock units		—			268,043		464,240		183,129
Diluted weighted average shares of Common Stock outstanding		30,671,855			30,747,889		31,077,522		30,801,693

Basic (loss) earnings per share	$	(0.08	)	$	0.49	$	0.20	$	0.50
Diluted (loss) earnings per share	$	(0.08	)	$	0.49	$	0.19	$	0.50

Securities excluded from the calculation of diluted loss per share were approximately 556,475 for the three months ended September 30, 2026, because the inclusion of such securities in the calculation would have been anti-dilutive. There were no anti-dilutive securities for the nine months ended September 30, 2026 or the three and nine months ended September 30, 2025.