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Net Income Per Common Share
 9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Common Share Net Income Per Common Share
Net income per common share is calculated using two methods: basic and diluted.
Basic Net Income Per Common Share
The following table provides a reconciliation of net income from continuing operations and calculation of basic net income (loss) per common share for each of the three and nine months ended September 30, 2024 and 2023 (in thousands, except share and per share amounts):
 Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Net income from continuing operations$7,878 $8,842 $34,560 $16,151 
Income (loss) from discontinued operations, net of tax217 (308)421 (11,400)
Net income8,095 8,534 34,981 4,751 
Accumulated dividend on previously converted Series B Preferred Stock— 1,773 — 5,184 
Net income available to common stockholders from continuing operations $7,878 $7,069 $34,560 $10,967 
Weighted average common shares outstanding146,958,986 116,298,146 147,008,732 115,528,067 
Basic net income (loss) per common share:
Continuing operations$0.05 $0.06 $0.24 $0.09 
Discontinued operations0.00 (0.00)0.00 (0.09)
Basic net income per common share$0.05 $0.06 $0.24 $0.00 
Diluted Net Income Per Common Share
The following table sets forth the computation of diluted net income per common share (in thousands, except share and per share amounts):
 Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
Net income available to common stockholders from continuing operations $7,878 $7,069 $34,560 $10,967 
Adjustments:
Dividends on Series B Preferred Stock— 1,773 — 5,184 
Less: antidilutive adjustments— — — (5,184)
Total adjustments— 1,773 — — 
Numerator
Net income available to common stockholders from continuing operations 7,878 8,842 34,560 10,967 
Income (loss) from discontinued operations, net of tax217 (308)421 (11,400)
Weighted average shares outstanding146,958,986 116,298,146 147,008,732 115,528,067 
Adjustments:
Potential common shares (a)
Series B Preferred Stock — 30,445,997 — — 
Restricted stock unit awards881,237 1,845,832 1,433,335 1,219,776 
Outstanding stock options394,767 1,131,410 450,168 107,897 
Performance stock unit awards114,050 35,441 57,629 13,425 
Employee stock purchase plan24,591 1,113 14,924 372 
Restricted stock awards— 15,767 — 23,733 
Total adjustments1,414,645 33,475,560 1,956,056 1,365,203 
Weighted average shares outstanding adjusted for potential common shares148,373,631 149,773,706 148,964,788 116,893,270 
Diluted net income (loss) per common share:
Continuing operations$0.05 $0.06 $0.23 $0.09 
Discontinued operations0.00 (0.00)$0.00 (0.09)
Diluted net income per common share$0.05 $0.06 $0.23 $0.00 
(a) Weighted average common shares outstanding for the calculation of diluted net income per common share does not include the following adjustments for potential common shares below because their effects were determined to be antidilutive for the periods presented.
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Series B Preferred Stock— — — 29,559,946