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Stock Compensation and Earnings (Loss) per Share (Tables) | 3 Months Ended
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Mar. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of restricted stock shares activity | Activity related to the Company’s restricted stock units (“RSUs”) was as follows:
(in thousands, except weighted average grant price) | Number of Shares |  | Weighted Average Grant Price
Outstanding awards, December 31, 2023 | 825 |  |  | $ | 21.16 |
Granted | 334 |  |  | $ | 20.64 |
Vested | (247) |  |  | $ | 22.13 |
Forfeited | — |  |  | $ | — |
Outstanding awards, March 31, 2024 | 912 |  |  | $ | 20.73 |
Activity related to the Company’s Relative Total Shareholder Return RSUs (“RTSRs”) was as follows:
(in thousands, except weighted average grant price) | Number of Shares |  | Weighted Average Grant Price
Outstanding awards, December 31, 2023 | 293 |  |  | $ | 25.80 |
Granted | 128 |  |  | $ | 22.30 |
Vested | — |  |  | $ | — |
Forfeited | — |  |  | $ | — |
Outstanding awards, March 31, 2024 | 421 |  |  | $ | 24.74 |
Schedule of stock compensation expense | Stock-based compensation expense was as follows:
|  | Three Months Ended March 31,
(in thousands) |  | 2024 |  | 2023
Stock compensation expense |  | $ | 4,135 |  |  | $ | 3,852 |
Capitalized stock compensation |  | (169) |  |  | (135) |
Stock compensation expense, net |  | $ | 3,966 |  |  | $ | 3,717 |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | The following table indicates the computation of basic and diluted earnings (loss) per share:
|  | Three Months Ended March 31,
(in thousands, except per share amounts) |  | 2024 |  | 2023
Calculation of net income per share: |  |  |  |
(Loss) income from continuing operations |  | $ | (4,090) |  |  | $ | 741 |
Total income from discontinued operations, net of tax |  | 218,786 |  |  | 1,325 |
Net income |  | $ | 214,696 |  |  | $ | 2,066 |
Basic weighted average shares outstanding |  | 50,520 |  |  | 50,291 |
Basic net (loss) income per share - continuing operations |  | $ | (0.08) |  |  | $ | 0.01 |
Basic net income per share - discontinued operations |  | 4.33 |  |  | 0.03 |
Basic net income per share |  | $ | 4.25 |  |  | $ | 0.04 |
Effect of stock-based compensation awards outstanding: |  |  |  |
Basic weighted average shares outstanding |  | 50,520 |  |  | 50,291 |
Effect from dilutive shares and options outstanding |  | 491 |  |  | 221 |
Diluted weighted average shares outstanding |  | 51,011 |  |  | 50,512 |
Diluted net (loss) income per share - continuing operations |  | $ | (0.08) |  |  | $ | 0.01 |
Diluted net income per share - discontinued operations |  | 4.29 |  |  | 0.03 |
Diluted net income per share |  | $ | 4.21 |  |  | $ | 0.04 |

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- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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