Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.24.1.u1
Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
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 three months ended March 31, 2024 and 2023:
Three Months Ended March 31,
2024 2023
(dollars in thousands, except share and per share amounts)
Numerator
Net income attributable to common stockholders $ 190  $ 3,218 
Denominator
Weighted average common shares outstanding - basic 36,279,679  39,997,699 
Dilutive effect of warrants 135,932  — 
Dilutive effect of options 146,408  — 
Dilutive effect of share-based awards 236,703  119,174 
Weighted average common shares outstanding - diluted 36,798,722  40,116,873 
Earnings per share
Basic $ 0.01  $ 0.08 
Diluted $ 0.01  $ 0.08 
The Company excluded 0.1 million common stock equivalents from diluted EPS related to antidilutive options during the three months ended March 31, 2024. The Company excluded 2.4 million common stock equivalents from diluted EPS related to antidilutive warrants, options, and share-based awards during the three months ended March 31, 2023