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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
Schedule of Earnings Per Share The following table reconciles the weighted average basic number of common shares outstanding and the weighted average diluted number of common shares outstanding for the purpose of calculating basic and diluted earnings per share:

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

(In thousands)

 

Weighted average common shares outstanding – basic

 

 

34,437

 

 

 

34,130

 

 

 

34,427

 

 

 

34,129

 

Dilutive effect of common stock awards

 

 

-

 

 

 

360

 

 

 

-

 

 

 

359

 

Weighted average common shares outstanding – diluted

 

 

34,437

 

 

 

34,490

 

 

 

34,427

 

 

 

34,488

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the three and six months ended June 30, 2024 and 2023, the Company has excluded the following common stock awards because their impact on the income (loss) per share is anti-dilutive (in thousands on a weighted average basis):

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

(In thousands)

 

Director stock awards

 

 

84

 

 

 

-

 

 

 

75

 

 

 

-

 

Performance share units

 

 

389

 

 

 

-

 

 

 

393

 

 

 

-

 

Restricted stock awards

 

 

566

 

 

 

-

 

 

 

572

 

 

 

-