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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share for the three months ended March 31, 2023 and 2022 were calculated as follows:

 

 

Three Months Ended March 31,

 

 

2023

 

 

2022

 

Basic net (loss) income per share

 

 

 

 

 

Net income (loss) available to common stockholders

$

0.2

 

 

$

(2.0

)

Basic weighted average common shares outstanding

 

32,223,221

 

 

 

32,363,376

 

Basic net income (loss) per share of common stock

$

0.01

 

 

$

(0.06

)

Diluted income (loss) per share

 

 

 

 

 

Net income (loss) available to common stockholders

$

0.2

 

 

$

(2.0

)

Basic weighted average common shares outstanding

 

32,223,221

 

 

 

32,363,376

 

Effect of dilutive securities:

 

 

 

 

 

Effect of dilutive non-vested restricted stock units

 

207,494

 

 

 

 

Diluted weighted average common shares outstanding

 

32,430,715

 

 

 

32,363,376

 

Diluted net income (loss) per share of common stock

$

0.01

 

 

$

(0.06

)