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(Loss) Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings per Share and Weighted Average Shares Outstanding Used in Calculating Basic and Diluted Earnings per Share

The following table illustrates earnings per share and the weighted average shares outstanding used in calculating basic and diluted earnings per share:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Net (loss) income

 

$

(1,551

)

 

$

7,072

 

 

$

6,412

 

 

$

18,819

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares of Common Stock outstanding

 

 

33,018,939

 

 

 

33,119,085

 

 

 

33,099,817

 

 

 

33,077,029

 

Dilutive effect of stock options, restricted stock awards and restricted stock units

 

 

 

 

 

307,038

 

 

 

228,160

 

 

 

344,958

 

Diluted weighted average shares of Common Stock outstanding

 

 

33,018,939

 

 

 

33,426,123

 

 

 

33,327,977

 

 

 

33,421,987

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) earnings per share

 

$

(0.05

)

 

$

0.21

 

 

$

0.19

 

 

$

0.57

 

Diluted (loss) earnings per share

 

$

(0.05

)

 

$

0.21

 

 

$

0.19

 

 

$

0.56

 

Common Stock Issuable upon Exercise of Certain Stock Options

The following table represents Common Stock issuable upon the exercise of certain restricted stock awards and restricted stock units that have been excluded from the diluted earnings calculation because the effect of their inclusion would be anti-dilutive.

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Anti-dilutive securities share impact

 

 

198,371