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Basic (Loss) Earnings Per Common Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Basic (Loss) Earnings Per Common Share
Note 14—Basic (Loss) Earnings 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. The table below reconciles the weighted-average basic and diluted common shares outstanding:


Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(in thousands, except for per share amounts)
Numerator for basic and diluted (loss) earnings per share:
Net (loss) income$(1,788)$8,254 $13,521 $19,925 
Denominator
Weighted average number of common shares outstanding - basic73,853 74,478 73,889 74,488 
Effect of dilutive securities1
— 89 159 55 
Weighted average number of common shares outstanding - diluted73,853 74,567 74,048 74,543 
Basic (loss) earnings per share:$(0.02)$0.11 $0.18 $0.27 
Diluted (loss) earnings per share:$(0.02)$0.11 $0.18 $0.27 
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 June 30,Six Months Ended June 30,
2024202320242023
(in thousands)
Anti-dilutive 3,000 3,077 2,844 2,721