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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2024
EARNINGS PER SHARE  
EARNINGS PER SHARE

12.       EARNINGS PER SHARE

Basic earnings per share is computed based on the Company’s net income divided by the basic weighted-average shares outstanding during the period. Dilutive earnings per share is computed consistently with the basic computation while giving effect to all dilutive potential common shares and common share equivalents that were outstanding during the period. The Company uses the treasury stock method to reflect the potential dilutive effect of unvested stock awards and unexercised options.

The following table sets forth the calculation of basic and diluted earnings per share attributable to common stock during the periods presented:

Year Ended December 31,

2024

2023

2022

Numerator:

Net (loss) income from continuing operations

($ 16,788)

$ 3,533

$ 23,735

Net (loss) income from discontinued operations

($ 4,479)

($ 12,506)

($ 8,311)

Denominator:

Weighted average shares - basic

153,684,907

153,232,129

151,036,110

Dilutive effect of common stock equivalents

-

3,541,399

5,184,055

Weighted average shares - diluted

153,684,907

156,773,528

156,220,165

Earnings per share:

Net (loss) income from continuing operations per share - basic

($ 0.11)

$ 0.02

$ 0.16

Net (loss) income from discontinued operations per share - basic

($ 0.03)

($ 0.08)

($ 0.06)

Net (loss) income from continuing operations per share - diluted

($ 0.11)

$ 0.02

$ 0.15

Net (loss) income from discontinued operations per share - diluted

($ 0.03)

($ 0.08)

($ 0.05)

For the years ended December 31, 2024, 2023 and 2022, total outstanding shares of common stock excluded from the computation of diluted earnings per share because their effect would have been anti-dilutive were 3,698,061, 820,376 and 1,000,421, respectively.