Quarterly report pursuant to Section 13 or 15(d)

Net Income (loss) Per Share (Tables)

v3.23.1
Net Income (loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of reconciliation of the numerator and denominator of Basic EPS to the numerator and denominator of Diluted EPS
Following is a reconciliation of the numerator and denominator of Basic EPS to the numerator and denominator of Diluted EPS for the three months ended March 31, 2023 and 2022 (dollar and share amounts in thousands, except for per share information):
  Three Months Ended
March 31,
  2023 2022
Net income (loss) attributable to common shareholders $ 860  $ (2,950)
Basic weighted average shares outstanding 19,061  19,573 
Basic earnings (loss) per share attributable to common shareholders $ 0.05  $ (0.15)
Diluted shares outstanding:    
Basic weighted-average shares outstanding 19,061  19,573 
Stock-based awards 372  — 
Diluted weighted-average shares outstanding 19,433  19,573 
Diluted earnings (loss) per share attributable to common shareholders $ 0.04  $ (0.15)
Dilutive shares excluded from diluted-per-share amounts:    
Share-based awards 520  — 
Anti-dilutive shares excluded from diluted-per-share amounts:    
Share-based awards 102  282  (1)
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(1)     As a result of the net loss for the three months ended March 31, 2022, no potentially dilutive securities are included in the calculation of diluted loss per share because such effect would be anti-dilutive. Potentially dilutive securities for the three months ended March 31, 2022 include 282 restricted stock units.