Quarterly report pursuant to Section 13 or 15(d)

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

v3.24.1.u1
Income (Loss) Per Share and Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 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 months ended March 31, 2024 and 2023 (in thousands, except per share data):

 

 

 

Three Months Ended March 31,

 

 

 

2024

 

 

2023

 

Numerator:

 

 

 

 

 

 

Net income

 

$

6,240

 

 

$

641

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

Weighted average basic shares

 

 

16,215

 

 

 

15,994

 

Effect of dilutive share-based awards

 

 

540

 

 

 

365

 

Weighted average diluted shares

 

 

16,755

 

 

 

16,359

 

 

 

 

 

 

 

 

Basic income per share

 

$

0.38

 

 

$

0.04

 

Diluted income per share

 

$

0.37

 

 

$

0.04