Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Following is a reconciliation of the numerator and denominator of Basic EPS to the numerator and denominator of Diluted EPS for the three and six months ended June 30, 2023 and 2022 (dollar and share amounts in thousands, except for per share information):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Net income (loss) attributable to common shareholders	$	2,422	$	516	$	3,282	$	(2,434)
Basic weighted average shares outstanding	19,293		19,386		19,073		19,479
Basic earnings (loss) per share attributable to common shareholders	$	0.13	$	0.03	$	0.17	$	(0.12)
Diluted shares outstanding:
Basic weighted-average shares outstanding	19,293		19,386		19,073		19,479
Stock-based awards	454		208		387		—
Diluted weighted-average shares outstanding	19,747		19,594		19,460		19,479
Diluted earnings (loss) per share attributable to common shareholders	$	0.12	$	0.03	$	0.17	$	(0.12)
Dilutive shares excluded from diluted-per-share amounts:
Share-based awards	735		341		735		—
Anti-dilutive shares excluded from diluted-per-share amounts:
Share-based awards	77		25		102		341		(1)

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(1)     As a result of the net loss for the six months ended June 30, 2022, no potentially dilutive securities are included in the calculation of diluted loss per share because such effect would be anti-dilutive. Potentially dilutive securities for the six months ended June 30, 2022 include 341 restricted stock units.