Net Income Per Share (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2023 and 2022 (dollar and share amounts in thousands, except for per share information):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net income (loss) attributable to common shareholders	$	2,832	$	90	$	6,114	$	(2,344)
Basic weighted average shares outstanding	19,133		19,198		19,093		19,384
Basic earnings (loss) per share attributable to common shareholders	$	0.15	$	—	$	0.32	$	(0.12)
Diluted shares outstanding:
Basic weighted-average shares outstanding	19,133		19,198		19,093		19,384
Stock-based awards	359		284		357		—
Diluted weighted-average shares outstanding	19,492		19,482		19,450		19,384
Diluted earnings (loss) per share attributable to common shareholders	$	0.15	$	—	$	0.31	$	(0.12)
Dilutive shares excluded from diluted-per-share amounts:
Share-based awards	735		576		735		—
Anti-dilutive shares excluded from diluted-per-share amounts:
Share-based awards	25		25		50		576		(1)

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(1)     As a result of the net loss for the nine months ended September 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 nine months ended September 30, 2022 include 576 restricted stock units.