XML 29 R20.htm IDEA: XBRL DOCUMENT
v3.23.3

Earnings (Loss) Per Common Share | 9 Months Ended
--- | ---
Sep. 30, 2023
Earnings Per Share [Abstract] |
Earnings (Loss) Per Common Share | Note 13—Earnings (Loss) Per Common Share Basic and diluted (loss) earnings per common share are computed by dividing net (loss)/income by the weighted-average number of basic and diluted common shares outstanding, respectively. The weighted-average number of diluted common shares includes the impact of dilutive securities, including outstanding stock options, restricted stock units, performance stock units and deferred stock units. During periods of net loss, diluted loss per share equals basic loss per share as the antidilutive effect of potential common shares is disregarded. The table below reconciles the weighted-average basic and diluted common shares outstanding:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |
| (in thousands)
Numerator for basic and diluted (loss) earnings per share: |  |  |  |  |  |  |  |  |  |  |
Net (loss) income | $ | (5,494) |  |  | $ | 322 |  |  | $ | 15,788 |  |  | $ | 18,471 |  |  |  |  |
Denominator |  |  |  |  |  |  |  |  |  |  |
Weighted average number of common shares outstanding - basic | 74,364 |  |  | 74,340 |  |  | 74,446 |  |  | 74,334 |  |  |  |  |
Effect of dilutive securities 1 | — |  |  | 8 |  |  | 50 |  |  | 12 |  |  |  |  |
Weighted average number of common shares outstanding - diluted | 74,364 |  |  | 74,348 |  |  | 74,496 |  |  | 74,346 |  |  |  |  |
Basic (loss) earnings per share: | $ | (0.07) |  |  | $ | 0.00 |  |  | $ | 0.21 |  |  | $ | 0.25 |  |  |  |  |
Diluted (loss) earnings per share: | $ | (0.07) |  |  | $ | 0.00 |  |  | $ | 0.21 |  |  | $ | 0.25 |  |  |  |  |
1.Certain outstanding equity awards are anti-dilutive and therefore excluded from the calculation of the weighted average number of diluted common shares outstanding. Anti-dilutive outstanding equity awards under share-based compensation plans were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |
| (in thousands)
Anti-dilutive | 3,110 |  |  | 3,287 |  |  | 2,619 |  |  | 3,201 |  |  |  |  |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration