XML 65 R58.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share - Summary of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 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        
Net income (loss) attributable to common shareholders [1] $ 4,484 $ (21,069) $ 4,275 $ (19,090)
Weighted-average diluted shares [1] 31,156 31,313 31,351 31,309
Net income (loss) per share attributable to common shareholders [1] $ 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.