(in thousands, except per share data)

Three months ended March 31,

2023

2022

Numerator:

Income (loss) from continuing operations

$

27,732

$

(3,999

)

Plus: net loss from continuing operations attributable to noncontrolling interests

3

73

Less: dividends on preferred stock

(69

)

(78

)

Numerator used in calculating basic earnings (loss) per share from continuing operations attributable to common shareholders

$

27,666

$

(4,004

)

Adjustment to add-back dividends on preferred stock

69

—

Adjustment for proportionate interest in Ravix and SNS's earnings attributable to common stock

(50

)

—

Numerator used in calculating diluted earnings (loss) per share from continuing operations attributable to common shareholders

$

27,685

$

(4,004

)

Income from discontinued operations

107

1,495

Less: net income from discontinued operations attributable to noncontrolling interests

—

(222

)

Numerator used in calculating diluted earnings (loss) per share - net income (loss) attributable to common shareholders

$

27,792

$

(2,731

)

Denominator:

Weighted average basic shares

Weighted average common shares outstanding

24,061

22,883

Weighted average diluted shares

Weighted average common shares outstanding

24,061

22,883

Effect of potentially dilutive securities (a)

Unvested restricted stock awards

789

—

Warrants

1,382

—

Convertible preferred stock

187

—

Total weighted average diluted shares

26,419

22,883

Basic earnings (loss) attributable to common shareholders:

Continuing operations

$

1.15

$

(0.17

)

Discontinued operations

$

—

$

0.05

Basic earnings (loss) per share - net income (loss) attributable to common shareholders:

$

1.15

$

(0.12

)

Diluted earnings (loss) attributable to common shareholders:

Continuing operations

$

1.05

$

(0.17

)

Discontinued operations

$

—

$

0.05

Diluted earnings (loss) per share - net income (loss) attributable to common shareholders

$

1.05

$

(0.12

)