Glatfelter Corp
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
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9. Earnings Per Share
- EARNINGS PER SHARE
The following table sets forth the details of basic and diluted earnings (loss) per share (EPS):
| Year ended December 31, | |||
|---|---|---|---|
| In thousands, except per share | 2023 | 2022 | 2021 |
| Net income (loss) | $(79,053) | $(194,208) | $6,937 |
| Weighted average common shares outstanding used in basic EPS | 45,058 | 44,828 | 44,551 |
| Common shares issuable upon exercise of dilutive stock options and PSAs / RSUs | — | — | 373 |
| Weighted average common shares outstanding and common share equivalents used in diluted EPS | 45,058 | 44,828 | 44,924 |
| Earnings (loss) per share | |||
| Continuing operations | $(1.73) | $(4.33) | $0.15 |
| Discontinued operations | (0.02) | — | — |
The following table sets forth the potential common shares outstanding for stock options that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive:
| Year ended December 31, | |||
|---|---|---|---|
| In thousands | 2023 | 2022 | 2021 |
| Potential common shares | 532 | 770 | 1,079 |
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