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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the calculation of earnings per share: 
 Quarter Ended March 31,
(in thousands, except share and per share data)20242023
Net income (loss)$(7,497)$5,058 
Weighted average shares:
Basic weighted-average number of common shares outstanding
18,856,870 18,755,453 
Dilutive effect of outstanding common stock equivalents — 16,446 
Diluted weighted-average number of common shares outstanding18,856,870 18,771,899 
Net income (loss) per share:
Basic earnings per share$(0.40)$0.27 
Diluted earnings per share (1)
(0.40)0.27 
(1) Excluded from the computation of diluted earnings per share (due to their antidilutive effect) for the quarters ended March 31, 2024 and 2023 were certain unvested RSUs and PSUs. On a weighted average basis, 561,610 and 251,821 unvested stock units convertible into shares of common stock were excluded at March 31, 2024 and 2023, respectively, because their effect would have been anti-dilutive.