Quarterly report [Sections 13 or 15(d)]

Net Income Per Share (Tables)

v3.25.2
Net Income Per Share (Tables)
6 Months Ended
Jun. 30, 2025
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, 2025 and 2024 (dollar and share amounts in thousands, except for per share information):
  Three Months Ended
June 30,
Six Months Ended
June 30,
  2025 2024 2025 2024
Net income attributable to common shareholders $ 5,333  $ 1,349  $ 10,080  $ 3,670 
Basic weighted average shares outstanding 18,406  18,647  18,446  18,737 
Basic earnings per share attributable to common shareholders $ 0.29  $ 0.07  $ 0.55  $ 0.20 
Diluted shares outstanding:        
Basic weighted-average shares outstanding 18,406  18,647  18,446  18,737 
Stock-based awards 560  472  386  447 
Diluted weighted-average shares outstanding 18,966  19,119  18,832  19,184 
Diluted earnings per share attributable to common shareholders $ 0.28  $ 0.07  $ 0.54  $ 0.19 
Dilutive shares excluded from diluted-per-share amounts:        
Share-based awards 753  790  753  790 
Anti-dilutive shares excluded from diluted-per-share amounts:        
Share-based awards —  —  —  —