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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)2021202020212020
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 outstanding49,945 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 outstanding49,945 49,902 49,945 49,878 
Effect from dilutive shares and options outstanding130 — 122 — 
Diluted weighted average shares outstanding50,075 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.