XML 38 R26.htm IDEA: XBRL DOCUMENT v3.24.2.u1
EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
(in thousands, except share and per share data)2024202320242023
Net income (loss)$(6,238)$(31,442)$(13,735)$(26,384)
Weighted average shares:
Basic weighted-average number of common shares outstanding
18,857,566 18,775,022 18,857,218 18,765,292 
Dilutive effect of outstanding common stock equivalents — — — — 
Diluted weighted-average number of common shares outstanding18,857,566 18,775,022 18,857,218 18,765,292 
Net income (loss) per share:
Basic earnings per share$(0.33)$(1.67)$(0.73)$(1.41)
Diluted earnings per share (1)
(0.33)(1.67)(0.73)(1.41)
(1) Excluded from the computation of diluted earnings per share (due to their antidilutive effect) for the quarters and six months ended June 30, 2024 and 2023 were certain unvested RSUs and PSUs. On a weighted average basis 559,921 and 248,840 unvested stock units convertible into shares of common stock were excluded at June 30, 2024 and 2023, respectively, because their effect would have been anti-dilutive.