Earnings per share

3 Months Ended

Mar. 31, 2024

Earnings per share [abstract]

Earnings per share

Earnings per share

Basic and diluted net income per share for the three months ended March 31 are calculated as follows:

	Three months ended March 31,
	2024		2023
Net income attributable to common shareholders	$	5,169	$	1,245
Basic weighted average number of common shares outstanding	30,319,606		33,153,231
Stock options	418,285		802,418
DSUs	116,147		89,043
RSUs	189,998		114,959
Diluted weighted average number of common shares outstanding	31,044,036		34,159,651
Basic earnings per common share	$	0.17	$	0.04
Diluted earnings per common share	$	0.17	$	0.04

For the three months ended March 31, 2024, there were 8,339 stock options (three months ended March 31, 2023 – 23,782 stock options) that were not taken into account in the calculation of diluted earnings per share because their effect was anti-dilutive.