Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of net (loss) income and weighted-average shares of common stock outstanding for purposes of calculating diluted net (loss) income per share (in thousands, except per share amounts) follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
Net (loss) income from continuing operations	$	(5,309)	$	532	$	(11,582)	$	2,344
Net income from discontinued operations	—		95,925		—		96,300
Net (loss) income and total comprehensive (loss) income	(5,309)		96,457		(11,582)		98,644
Total comprehensive loss attributable to noncontrolling interests	8		164		480		249
Net (loss) income and total comprehensive (loss) income attributable to common stockholders	$	(5,301)	$	96,621	$	(11,102)	$	98,893

Basic weighted-average shares of common stock outstanding	8,227		8,273		8,225		8,262
Add shares issuable upon vesting of dilutive restricted stock units (RSUs) a	—		110		—		107
Diluted weighted-average shares of common stock outstanding	8,227		8,383		8,225		8,369

Basic net (loss) income per share attributable to common stockholders:
Continuing operations	$	(0.64)	$	0.09	$	(1.35)	$	0.31
Discontinued operations	—		11.59		—		11.66
	$	(0.64)	$	11.68	$	(1.35)	$	11.97

Diluted net (loss) income per share attributable to common stockholders:
Continuing operations	$	(0.64)	$	0.09	$	(1.35)	$	0.31
Discontinued operations	—		11.44		—		11.51
	$	(0.64)	$	11.53	$	(1.35)	$	11.82

a.Excludes 222 thousand shares for second-quarter 2023 and 259 thousand shares for the first six months of 2023 of common stock associated with RSUs that were anti-dilutive as a result of net losses. Excludes 2 thousand shares for the first six months of 2022 of common stock associated with RSUs that were anti-dilutive.