EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Summary of Earnings Per Share

The following table presents earnings per share for the three and six months ended June 2024, and 2023.

	Three months ended				Six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Basic:
Net income (loss) allocable to common stockholders	$	11,716	$	11,456	$	25,784	$	23,779
Weighted average common shares outstanding		15,248,654		15,467,857		15,332,357		15,654,466
Weighted average vested restricted stock units		49		521		4,849		8,049
Weighted average shares		15,248,703		15,468,378		15,337,206		15,662,515
Basic earnings (loss) per common share	$	0.77	$	0.74	$	1.68	$	1.52
Diluted:
Net income (loss) allocable to common stockholders	$	11,716	$	11,456	$	25,784	$	23,779
Weighted average common shares outstanding for:
Basic earnings per common share		15,248,703		15,468,378		15,337,206		15,662,515
Dilutive effects of the assumed exercise of stock options		57,149		28,479		54,652		39,736
Dilutive effects of the assumed vesting of restricted stock units		70,943		55,231		80,324		83,613
Dilutive effects of the assumed exercise of ESPP purchases		1,185		2,167		1,204		3,197
Average shares and dilutive potential common shares		15,377,980		15,554,255		15,473,386		15,789,061
Diluted earnings (loss) per common share	$	0.76	$	0.74	$	1.67	$	1.51

Schedule of Average Shares Not Included In the Computation of Diluted Earnings Per Share

Average shares not included in the computation of diluted earnings per share because they were antidilutive are shown in the following table as of June 30, 2024, and 2023.

	Three months ended				Six months ended
	June 30, 2024		June 30, 2023		June 30, 2024		June 30, 2023
Stock options		200,000		279,720		224,671		262,562
Restricted stock units		2,707		212,210		6,837		181,834
Total antidilutive shares		202,707		491,930		231,508		444,396