Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share and Shareholders' Equity (Tables)

v3.24.3
Income (Loss) Per Share and Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Income (Loss) Per Share

The following table presents the computation of basic and diluted income per share for the three and nine months ended September 30, 2024 and 2023 (in thousands, except per share data):

 

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

2,317

 

 

$

(33,235

)

 

$

10,446

 

 

$

(31,492

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average basic shares

 

 

16,489

 

 

 

16,287

 

 

 

16,373

 

 

 

16,162

 

Effect of dilutive share-based awards

 

 

239

 

 

 

 

 

 

409

 

 

 

 

Weighted average diluted shares

 

 

16,728

 

 

 

16,287

 

 

 

16,782

 

 

 

16,162

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic income (loss) per share

 

$

0.14

 

 

$

(2.04

)

 

$

0.64

 

 

$

(1.95

)

Diluted income (loss) per share

 

$

0.14

 

 

$

(2.04

)

 

$

0.62

 

 

$

(1.95

)