Earnings Per Share
Year Ended December 31,
20252024
(in thousands, except per share data)
Basic and diluted earnings per share:
Net loss from continuing operations$(63,756)$(183,112)
Net income (loss) from discontinued operations, net of income taxes68,353 (24,214)
Net income (loss)$4,597 $(207,326)
Weighted average common shares outstanding(a)
48,274 48,065 
Basic and diluted loss per share from continuing operations$(1.32)$(3.81)
Basic and diluted earnings (loss) per share from discontinued operations1.42 (0.50)
Basic and diluted earnings (loss) per share$0.10 $(4.31)
(a)    Excludes 47 and 66 shares for the years ended December 31, 2025 and 2024, respectively, of potentially dilutive restricted stock awards as their effect was antidilutive under the treasury stock method.

Historical Timeline

Fiscal YearFiled
2025Mar 6, 2026Showing above
2024Mar 7, 2025
2016Feb 24, 2017

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.