Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.23.3
Net Income Per Share (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2023 and 2022 (dollar and share amounts in thousands, except for per share information):
  Three Months Ended
September 30,		 Nine Months Ended
September 30,
  2023 2022 2023 2022
Net income (loss) attributable to common shareholders $ 2,832  $ 90  $ 6,114  $ (2,344)
Basic weighted average shares outstanding 19,133  19,198  19,093  19,384 
Basic earnings (loss) per share attributable to common shareholders $ 0.15  $ —  $ 0.32  $ (0.12)
Diluted shares outstanding:        
Basic weighted-average shares outstanding 19,133  19,198  19,093  19,384 
Stock-based awards 359  284  357  — 
Diluted weighted-average shares outstanding 19,492  19,482  19,450  19,384 
Diluted earnings (loss) per share attributable to common shareholders $ 0.15  $ —  $ 0.31  $ (0.12)
Dilutive shares excluded from diluted-per-share amounts:        
Share-based awards 735  576  735  — 
Anti-dilutive shares excluded from diluted-per-share amounts:        
Share-based awards 25  25  50  576  (1)
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(1)     As a result of the net loss for the nine months ended September 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 nine months ended September 30, 2022 include 576 restricted stock units.