Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.23.2
Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Following is a reconciliation of the numerator and denominator of Basic EPS to the numerator and denominator of Diluted EPS for the three and six months ended June 30, 2023 and 2022 (dollar and share amounts in thousands, except for per share information):
  Three Months Ended
June 30,		 Six Months Ended
June 30,
  2023 2022 2023 2022
Net income (loss) attributable to common shareholders $ 2,422  $ 516  $ 3,282  $ (2,434)
Basic weighted average shares outstanding 19,293  19,386  19,073  19,479 
Basic earnings (loss) per share attributable to common shareholders $ 0.13  $ 0.03  $ 0.17  $ (0.12)
Diluted shares outstanding:        
Basic weighted-average shares outstanding 19,293  19,386  19,073  19,479 
Stock-based awards 454  208  387  — 
Diluted weighted-average shares outstanding 19,747  19,594  19,460  19,479 
Diluted earnings (loss) per share attributable to common shareholders $ 0.12  $ 0.03  $ 0.17  $ (0.12)
Dilutive shares excluded from diluted-per-share amounts:        
Share-based awards 735  341  735  — 
Anti-dilutive shares excluded from diluted-per-share amounts:        
Share-based awards 77  25  102  341  (1)
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(1)     As a result of the net loss for the six months ended June 30, 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 six months ended June 30, 2022 include 341 restricted stock units.