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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings (loss) per share:
  
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands, except per share amounts)
2023
2022
2023
2022
Numerator:
Net income (loss)$2,105 $(3,422)$(12,596)$(13,829)
Denominator:
Weighted average common shares52,642,411 51,660,739 52,389,112 51,431,501 
Add effect of dilutive securities:
Stock-based awards1,000,713 — — — 
Weighted average common shares assuming dilution53,643,124 51,660,739 52,389,112 51,431,501 
Earnings (loss) per share
Basic$0.04 $(0.07)$(0.24)$(0.27)
Diluted$0.04 $(0.07)$(0.24)$(0.27)
Anti-dilutive shares excluded from calculations of diluted earnings (loss) per share9,487 1,167,368 1,151,974 2,090,267