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(Loss) Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Summary of Calculations of Basic and Diluted (Loss) Earnings Per Share

The calculations of basic and diluted (loss) earnings per share for the years ended December 31, 2021, 2020 and 2019 are as follows:

 

(In thousands, except for per share amounts)

 

2021

 

 

2020

 

 

2019

 

Numerator

 

 

 

 

 

 

 

 

 

Net (Loss) Income

 

$

(8,635

)

 

$

2,378

 

 

$

(52,982

)

Denominator

 

 

 

 

 

 

 

 

 

Weighted average number of shares – basic

 

 

48,582

 

 

 

47,996

 

 

 

47,836

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options

 

 

 

 

 

 

 

 

 

PSUs, RSUs and restricted stock

 

 

 

 

 

292

 

 

 

 

Weighted average number of shares – diluted

 

 

48,582

 

 

 

48,288

 

 

 

47,836

 

(Loss) earnings per share – basic

 

$

(0.18

)

 

$

0.05

 

 

$

(1.11

)

(Loss) earnings per share – diluted

 

$

(0.18

)

 

$

0.05

 

 

$

(1.11

)