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NET EARNINGS (LOSS) PER SHARE
9 Months Ended
Sep. 30, 2024
NET EARNINGS (LOSS) PER SHARE  
NET EARNINGS (LOSS) PER SHARE

5 – NET EARNINGS (LOSS) PER SHARE

The computation of basic net earnings (loss) per share is based on the weighted-average number of common shares outstanding during the reporting period. The computation of diluted net earnings (loss) per share assumes the vesting of nonvested stock awards and the exercise of stock options (refer to Note 13 — Stock-Based Compensation), for which the assumed proceeds upon vesting are deemed to be the amount of compensation cost attributable to future services and are not yet recognized using the treasury stock method, to the extent dilutive.

The components of the denominator for the calculation of basic and diluted net earnings (loss) per share are as follows:

For the Three Months Ended

For the Nine Months Ended

September 30, 

September 30, 

2024

    

2023

    

2024

    

2023

 

Common shares outstanding, basic:

Weighted-average common shares outstanding, basic

43,108,844

 

42,816,045

43,033,786

 

42,745,681

Common shares outstanding, diluted:

Weighted-average common shares outstanding, basic

43,108,844

 

42,816,045

43,033,786

 

42,745,681

Dilutive effect of stock options

174,392

188,763

Dilutive effect of performance-based restricted stock units

99,270

122,942

Dilutive effect of restricted stock units

273,879

 

297,030

 

Weighted-average common shares outstanding, diluted

43,656,385

 

42,816,045

43,642,521

 

42,745,681