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Net Income Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Net Income Per Share NET INCOME (LOSS) PER SHARE
Basic net income (loss) per share has been computed by dividing net income (loss) by the basic number of weighted average shares outstanding. Diluted net income (loss) per share has been computed by dividing net income (loss) by the diluted number of weighted average shares outstanding using the treasury stock method. The share effect is as follows:

 For the Three Months Ended 
June 30,
For the Six Months Ended 
June 30,
 2024202320242023
Weighted average shares outstanding:    
Common shares12,118,832 12,832,945 12,218,419 12,821,478 
Vested restricted stock units163,342 216,990 163,237 232,277 
Basic number of weighted average shares outstanding12,282,174 13,049,935 12,381,656 13,053,755 
Dilutive effect of restricted stock units and stock options— 50,026 151,590 32,233 
Dilutive number of weighted average shares outstanding12,282,174 13,099,961 12,533,246 13,085,988 

The potential effects of stock options and restricted stock units were excluded from the diluted earnings per share calculation for the three months ended June 30, 2024 because their inclusion in a net loss period would have reduced the net loss per share.

The following outstanding stock awards were excluded from the computation of diluted net income (loss) per share because their inclusion would have been anti-dilutive:
For the Three Months Ended 
June 30,
For the Six Months Ended 
June 30,
2024202320242023
Stock options195,324 228,625 67,750 241,201 
Restricted stock units 22,222 6,031 2,173 5,814 
Total217,546 234,656 69,923 247,015