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Earnings (Loss) Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share Earnings (Loss) Per Share
The calculation of basic and diluted earnings per share for each period presented was as follows (dollars and shares in thousands, except per share amounts):
Three Months Ended
March 31,
20242023
Net loss$(10,315)$(3,486)
Weighted average shares outstanding - basic12,201 10,179 
Dilutive effect of stock options and restricted stock— — 
Weighted average shares outstanding - diluted12,201 10,179 
Loss per share
Basic$(0.85)$(0.34)
Diluted$(0.85)$(0.34)
For the three months ended March 31, 2024 and 2023, we excluded all potentially dilutive restricted shares and stock options in calculating diluted earnings per share as the effect was anti-dilutive due to net losses incurred for these periods. Diluted earnings per share was calculated using treasury stock method for the restricted shares and stock options.