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Earnings per share (Tables) | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
Earnings per share | The following table reflects the calculation of basic and diluted earnings per share. During each period, certain stock options, as noted below, were excluded from the calculation of diluted earnings per share because their effect would have been antidilutive.
|  | Quarter Ended June 30, |  | Six Months Ended June 30,
(in thousands, except per share amounts) |  | 2023 |  | 2022 |  | 2023 |  | 2022
Earnings per share – basic: |  |  |  |  |  |  |  |
Net income |  | $ | 16,401 |  |  | $ | 22,097 |  |  | $ | 19,181 |  |  | $ | 31,776 |
Net income attributable to non-controlling interest |  | (26) |  |  | (35) |  |  | (54) |  |  | (71) |
Net income attributable to Deluxe |  | 16,375 |  |  | 22,062 |  |  | 19,127 |  |  | 31,705 |
Income allocated to participating securities |  | (12) |  |  | (16) |  |  | (19) |  |  | (23) |
Income attributable to Deluxe available to common shareholders |  | $ | 16,363 |  |  | $ | 22,046 |  |  | $ | 19,108 |  |  | $ | 31,682 |
Weighted-average shares outstanding |  | 43,524 |  |  | 43,016 |  |  | 43,421 |  |  | 42,907 |
Earnings per share – basic |  | $ | 0.38 |  |  | $ | 0.51 |  |  | $ | 0.44 |  |  | $ | 0.74 |
Earnings per share – diluted: |  |  |  |  |  |  |  |
Net income |  | $ | 16,401 |  |  | $ | 22,097 |  |  | $ | 19,181 |  |  | $ | 31,776 |
Net income attributable to non-controlling interest |  | (26) |  |  | (35) |  |  | (54) |  |  | (71) |
Net income attributable to Deluxe |  | 16,375 |  |  | 22,062 |  |  | 19,127 |  |  | 31,705 |
Income allocated to participating securities |  | — |  |  | (16) |  |  | (10) |  |  | (23) |
Re-measurement of share-based awards classified as liabilities |  | — |  |  | (307) |  |  | (19) |  |  | (345) |
Income attributable to Deluxe available to common shareholders |  | $ | 16,375 |  |  | $ | 21,739 |  |  | $ | 19,098 |  |  | $ | 31,337 |
Weighted-average shares outstanding |  | 43,524 |  |  | 43,016 |  |  | 43,421 |  |  | 42,907 |
Dilutive impact of potential common shares |  | 216 |  |  | 269 |  |  | 279 |  |  | 349 |
Weighted-average shares and potential common shares outstanding |  | 43,740 |  |  | 43,285 |  |  | 43,700 |  |  | 43,256 |
Earnings per share – diluted |  | $ | 0.37 |  |  | $ | 0.50 |  |  | $ | 0.44 |  |  | $ | 0.72 |
Antidilutive options excluded from calculation |  | 1,553 |  |  | 1,891 |  |  | 1,553 |  |  | 1,891 |

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- References No definition available. + Details
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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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