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Earnings (Loss) Per Share | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Earnings (Loss) Per Share | Earnings (Loss) Per Share Basic earnings (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding for the period. Diluted earnings (loss) per share is based on the weighted average number of shares outstanding for the period, including the dilutive effect of equity awards. Basic and diluted earnings (loss) per share of common stock was computed as follows:
| Three Months Ended June 30, 2024 |  | Three Months Ended June 30, 2023
| Net Loss |  | Average Shares Outstanding |  | Loss Per Share |  | Net Loss |  | Average Shares Outstanding |  | Loss Per Share
| (in thousands, except share and per share amounts)
Basic | $ | (14,041) |  |  | 35,477,154 |  |  | $ | (0.40) |  |  | $ | (2,537) |  |  | 33,293,740 |  |  | $ | (0.08) |
Unvested restricted stock and stock units | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Assumed exercise of stock options | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Diluted | $ | (14,041) |  |  | 35,477,154 |  |  | $ | (0.40) |  |  | $ | (2,537) |  |  | 33,293,740 |  |  | $ | (0.08) |
| Six Months Ended June 30, 2024 |  | Six Months Ended June 30, 2023
| Net Loss |  | Average Shares Outstanding |  | Loss Per Share |  | Net Loss |  | Average Shares Outstanding |  | Loss Per Share
| (in thousands, except share and per share amounts)
Basic | $ | (22,096) |  |  | 34,663,736 |  |  | $ | (0.64) |  |  | $ | (8,646) |  |  | 32,801,783 |  |  | $ | (0.26) |
Unvested restricted stock and stock units | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Assumed exercise of stock options | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Diluted | $ | (22,096) |  |  | 34,663,736 |  |  | $ | (0.64) |  |  | $ | (8,646) |  |  | 32,801,783 |  |  | $ | (0.26) |
The diluted earnings (loss) per share calculation excludes all stock options, unvested restricted stock, and unvested restricted stock units for the three and six months ended June 30, 2024 and 2023 because their inclusion would be anti-dilutive given the Company was in a net loss position. The average number of securities that were excluded from diluted earnings (loss) per share that would potentially dilute earnings (loss) per share for the periods in which the Company experienced a net loss were as follows:
| 2024 |  | 2023
Three months ended June 30, | 544,392 |  | 920,886
Six months ended June 30, | 341,546 |  | 1,407,828

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