XML 40 R33.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Earnings Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
Summary of Basic and Diluted EPS | The following table presents the calculation of basic and diluted EPS (in thousands, except per share amounts):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  |  | 2023 |
Basic earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to the Company |  | $ | 4,744 |  |  | $ | (20,788 | ) |  | $ | 4,794 |  |  |  | $ | (18,529 | )
Less: Earnings allocable to unvested restricted stock |  |  | (260 | ) |  |  | (281 | ) |  |  | (519 | ) |  |  |  | (561 | )
Net income (loss) attributable to common shareholders |  |  | 4,484 |  |  |  | (21,069 | ) |  |  | 4,275 |  |  |  |  | (19,090 | )
Weighted-average basic shares outstanding |  |  | 31,150 |  |  |  | 31,313 |  |  |  | 31,348 |  |  |  |  | 31,309 |
Net income (loss) per share attributable to common shareholders |  | $ | 0.14 |  |  | $ | (0.67 | ) |  | $ | 0.14 |  |  |  | $ | (0.61 | )
Diluted earnings per share (1) |  |  |  |  |  |  |  |  |  |  |  |  |
Net income (loss) attributable to common shareholders |  | $ | 4,484 |  |  | $ | (21,069 | ) |  | $ | 4,275 |  |  |  | $ | (19,090 | )
Weighted-average diluted shares outstanding |  |  | 31,156 |  |  |  | 31,313 |  |  |  | 31,351 |  |  |  |  | 31,309 |
Net income (loss) per share attributable to common shareholders |  | $ | 0.14 |  |  | $ | (0.67 | ) |  | $ | 0.14 |  |  |  | $ | (0.61 | )
(1) For the three and six months ended June 30, 2024, the computation of diluted EPS includes contingently issuable shares related to PSUs calculated under the treasury stock method. For the three and six months ended June 30, 2024, the computation of diluted EPS does not include contingently issuable shares related to unvested restricted stock awards due to their anti-dilutive nature. For the three and six months ended June 30, 2024, had the contingently issuable shares been dilutive, the denominator for diluted EPS would have been 31,183 and 31,371, respectively, including 27 and 20, respectively, contingently issuable shares related to unvested restricted stock awards. For the three and six months ended June 30, 2023, the computation of diluted EPS does not include contingently issuable shares related to PSUs and unvested restricted stock awards due to their anti-dilutive nature. For the three and six months ended June 30, 2023, had the contingently issuable shares been dilutive, the denominator for diluted EPS would have been 31,407 and 31,384, respectively, including 94 and 75, respectively, contingently issuable shares related to PSUs and unvested restricted stock awards.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration