Earnings Per Share

3 Months Ended

Mar. 31, 2024

Note 12 – Earnings Per Share

As a result of the Stock Split discussed in Note 1 – Nature of Operations and Basis of Presentation, all historical per share data, number of shares and numbers of equity awards were retroactively adjusted. The following table provides the computation of basic and diluted earnings per share:


	Three Months Ended March 31,
(in thousands, except share and per share data)	2024		2023

Basic income per share:
Net income (loss)	$	(5,224)	$	5,907
Basic weighted average shares outstanding	46,777,178		42,241,540
Basic income (loss) per share of common stock	$	(0.11)	$	0.14

Diluted income per share:
Net income (loss)	$	(5,224)	$	5,907
Basic weighted average shares outstanding	46,777,178		42,241,540
Effect of dilutive securities	—		366,868





Diluted weighted average shares outstanding	46,777,178		42,608,408
Diluted income (loss) per share of common stock	$	(0.11)	$	0.14
Anti-dilutive securities excluded from the calculation of diluted income per share	862,989		—