Net (Loss) Income per Common Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The table below sets forth the computation of basic and diluted net (loss) income per share:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands, except share and per share amounts)	2023		2022		2023		2022
Net (loss) income	$	(383)	$	2,557	$	2,276	$	7,652
Basic - weighted-average shares outstanding:	26,210,478		27,530,739		26,414,467		27,515,583
Effect of dilutive securities:
Employee stock options and other1	—		6,084		30,960		8,436
Diluted - weighted-average shares outstanding:	26,210,478		27,536,823		26,445,427		27,524,019
Net (loss) income per share:
Basic	$	(0.01)	$	0.09	$	0.09	$	0.28
Diluted	$	(0.01)	$	0.09	$	0.09	$	0.28
1 For the three months ended June 30, 2023, 14,084 of dilutive securities for employee stock options and other were not included in the diluted weighted average shares outstanding due to the net loss for the three months ended June 30, 2023.