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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
Schedule of Earnings Per Share The following table reconciles the weighted average basic number of common shares outstanding and the weighted average diluted number of common shares outstanding for the purpose of calculating basic and diluted earnings per share:

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(In thousands)

 

Weighted average common shares outstanding – basic

 

 

34,130

 

 

 

34,476

 

 

 

34,129

 

 

 

34,485

 

Dilutive effect of common stock awards

 

 

360

 

 

 

-

 

 

 

359

 

 

 

-

 

Weighted average common shares outstanding – diluted

 

 

34,490

 

 

 

34,476

 

 

 

34,488

 

 

 

34,485

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the three and six months ended June 30, 2023 and 2022, the Company has excluded the following common stock awards because their impact on the income (loss) per share is anti-dilutive (in thousands on a weighted average basis):

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(In thousands)

 

Director stock awards

 

 

-

 

 

 

58

 

 

 

-

 

 

 

58

 

Performance share units

 

 

-

 

 

 

260

 

 

 

-

 

 

 

260

 

Restricted stock awards

 

 

-

 

 

 

507

 

 

 

-

 

 

 

512