XML 59 R40.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted
The following is a reconciliation of the numerator and denominator for the computation of basic and diluted earnings per share:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands, except per share data)2024202320242023
Numerator:
Net income attributable to common shareholders$5,010 $6,368 $2,073 $7,470 
Adjustment for accretion of tax equity financing fees(27)(28)(54)(55)
Income attributable to common shareholders$4,983 $6,340 $2,019 $7,415 
Denominator:
Basic weighted-average shares outstanding52,355 52,127 52,322 52,045 
Effect of dilutive securities:
Stock options758 1,084 694 1,187 
Diluted weighted-average shares outstanding53,113 53,211 53,016 53,232 
Net income per share attributable to common shareholders:
Basic$0.10 $0.12 $0.04 $0.14 
Diluted$0.09 $0.12 $0.04 $0.14 
Potentially dilutive shares (1)
2,228 1,961 2,092 1,939 
(1) Potentially dilutive shares attributable to stock options were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.