| Earnings Per Share |
Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share (“EPS”) for the three and six months ended June 30, 2024 and 2023:
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2024 |
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2023 |
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2024 |
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2023 |
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(dollars in thousands, except share and per share amounts) |
| Numerator |
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| Net income attributable to common stockholders |
$ |
2,885 |
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$ |
4,947 |
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$ |
3,075 |
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$ |
8,165 |
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| Denominator |
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| Weighted average common shares outstanding - basic |
36,199,850 |
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39,891,982 |
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36,239,765 |
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39,944,549 |
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| Dilutive effect of warrants |
— |
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— |
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12,575 |
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— |
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| Dilutive effect of options |
77,029 |
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— |
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114,851 |
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— |
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| Dilutive effect of share-based awards |
92,948 |
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79,749 |
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191,671 |
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115,182 |
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| Weighted average common shares outstanding - diluted |
36,369,827 |
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39,971,731 |
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36,558,862 |
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40,059,731 |
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| Earnings per share |
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| Basic |
$ |
0.08 |
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$ |
0.12 |
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$ |
0.08 |
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$ |
0.20 |
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| Diluted |
$ |
0.08 |
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$ |
0.12 |
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$ |
0.08 |
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$ |
0.20 |
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