Quarterly report pursuant to Section 13 or 15(d)

NET (LOSS) INCOME PER SHARE (Tables)

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NET (LOSS) INCOME PER SHARE (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted net (loss) income per common share (in thousands, except per share amounts):

Three Months Ended March 31, 

    

2024

    

2023

Net (loss) income

$

(11,474)

$

26,005

Weighted average common shares outstanding - basic

 

146,857

 

146,418

Dilutive effect of securities

2,308

Weighted average common shares outstanding - diluted

146,857

148,726

Net (loss) income per common share:

Basic

$

(0.08)

$

0.18

Diluted

(0.08)

0.17

Shares excluded due to being anti-dilutive

1,982