XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.21.2

Earnings per Share | 6 Months Ended
--- | ---
Jun. 30, 2021
Share-based Payment Arrangement [Abstract] |
Earnings per Share | Earnings per Share We utilize the treasury stock method to calculate the impact on diluted earnings per share that potentially dilutive stock-based compensation awards have. The following table indicates the computation of basic and diluted earnings per share:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands, except per share amounts) | 2021 |  | 2020 |  | 2021 |  | 2020
Calculation of net income per share: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 1,856 |  |  | $ | (536) |  |  | $ | 4,905 |  |  | $ | (386) |
Income from discontinued operations, net of tax | $ | 51,566 |  |  | $ | 29,783 |  |  | $ | 100,038 |  |  | $ | 42,913 |
Net income | $ | 53,422 |  |  | $ | 29,247 |  |  | $ | 104,943 |  |  | $ | 42,527 |
Basic weighted average shares outstanding | 49,945 |  |  | 49,902 |  |  | 49,945 |  |  | 49,878 |
Basic net income (loss) per share - continuing operations | $ | 0.04 |  |  | $ | (0.01) |  |  | $ | 0.10 |  |  | $ | (0.01) |
Basic net income per share - discontinued operations | $ | 1.03 |  |  | $ | 0.59 |  |  | $ | 2.00 |  |  | $ | 0.86 |
Basic net income per share | $ | 1.07 |  |  | $ | 0.58 |  |  | $ | 2.10 |  |  | $ | 0.85 |
Effect of stock-based compensation awards outstanding: |  |  |  |  |  |  |
Basic weighted average shares outstanding | 49,945 |  |  | 49,902 |  |  | 49,945 |  |  | 49,878 |
Effect from dilutive shares and options outstanding | 130 |  |  | — |  |  | 122 |  |  | — |
Diluted weighted average shares outstanding | 50,075 |  |  | 49,902 |  |  | 50,067 |  |  | 49,878 |
Diluted net income (loss) per share - continuing operations | $ | 0.04 |  |  | $ | (0.01) |  |  | $ | 0.10 |  |  | $ | (0.01) |
Diluted net income per share - discontinued operations | $ | 1.03 |  |  | $ | 0.59 |  |  | $ | 2.00 |  |  | $ | 0.86 |
Diluted net income per share | $ | 1.07 |  |  | $ | 0.58 |  |  | $ | 2.10 |  |  | $ | 0.85 |
There were fewer than 200 thousand anti-dilutive awards outstanding during the three and six months ended June 30, 2021 and 2020.

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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