INCOME (LOSS) PER SHARE AND SHAREHOLDERS' EQUITY |
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INCOME (LOSS) PER SHARE AND SHAREHOLDERS' EQUITY |
6. INCOME (LOSS) PER SHARE AND SHAREHOLDERS’ EQUITY Income (Loss) Per Share The following table presents the computation of basic and diluted income (loss) per share for the three and six months ended June 30, 2025 and 2024 (in thousands, except per share data):
Shareholders’ Equity We have a share repurchase program, as amended (“Share Repurchase Program”), authorizing the repurchase of up to $10.0 million of our outstanding common stock expiring December 15, 2026. The timing and amount of any share repurchases is at the discretion of management and may be made from time to time through transactions in the open market, in privately negotiated transactions or by other means in accordance with applicable laws. The Share Repurchase Program does not obligate us to repurchase any shares of our common stock and may be modified, increased, suspended or terminated at the discretion of the Board. During the six months ended June 30, 2025 and 2024, we repurchased 523,593 and 60,860 shares of our common stock for $3.4 million and $0.3 million, respectively, and at June 30, 2025, we had remaining authorization to purchase $5.3 million under the Share Repurchase Program. |