| 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 nine months ended September 30, 2024 and 2023:
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Three Months Ended September 30, |
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Nine Months Ended September 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 |
$ |
11,110 |
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$ |
8,596 |
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$ |
14,185 |
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$ |
16,761 |
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| Denominator |
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| Weighted average common shares outstanding - basic |
36,279,056 |
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38,336,100 |
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36,252,957 |
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39,402,507 |
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| Dilutive effect of warrants |
— |
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— |
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3,586 |
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— |
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| Dilutive effect of options |
112,487 |
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— |
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115,251 |
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— |
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| Dilutive effect of share-based awards |
105,794 |
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104,292 |
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176,974 |
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146,528 |
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| Weighted average common shares outstanding - diluted |
36,497,337 |
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38,440,392 |
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36,548,768 |
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39,549,035 |
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| Earnings per share |
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| Basic |
$ |
0.31 |
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$ |
0.22 |
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$ |
0.39 |
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$ |
0.43 |
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| Diluted |
$ |
0.30 |
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$ |
0.22 |
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$ |
0.39 |
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$ |
0.42 |
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