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The 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, 2024 and 2023 (dollar and share amounts in thousands, except for per share information):
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Three Months Ended
March 31, |
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2024 |
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2023 |
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| Net income attributable to common shareholders |
$ |
2,321 |
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$ |
860 |
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| Basic weighted average shares outstanding |
18,828 |
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19,061 |
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| Basic earnings per share attributable to common shareholders |
$ |
0.12 |
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$ |
0.05 |
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| Diluted shares outstanding: |
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| Basic weighted-average shares outstanding |
18,828 |
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19,061 |
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| Stock-based awards |
396 |
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372 |
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| Diluted weighted-average shares outstanding |
19,224 |
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19,433 |
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| Diluted earnings per share attributable to common shareholders |
$ |
0.12 |
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$ |
0.04 |
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| Dilutive shares excluded from diluted-per-share amounts: |
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| Share-based awards |
801 |
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520 |
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| Anti-dilutive shares excluded from diluted-per-share amounts: |
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| Share-based awards |
25 |
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102 |
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