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Earnings Per Share
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share
Note 15 – Earnings Per Share

We determine basic earnings per share (“EPS”) by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period. Diluted EPS is determined by dividing net income available to common shareholders by the weighted-average number of shares outstanding, increased by both the number of shares that would be issued assuming the exercise of instruments under our incentive stock plan.
For the years ended
December 31,
(Dollars in thousands except shares and per share data)202320222021
Numerator for earnings per share:
Net income from continuing operations$22,224 $11,734 $37,838 
Net loss attributable to noncontrolling interest226 660 425 
Dividends on preferred stock— — (35)
Net income available to common shareholders from continuing operations22,450 12,394 38,228 
Net income from discontinued operations available to common shareholders - basic and diluted8,782 2,653 858 
Net income available to common shareholders$31,232 $15,047 $39,086 
Denominator:
Weighted-average shares outstanding - basic12,694,206 12,279,462 11,778,557 
Effect of dilutive stock options and restricted stock units303,126 591,272 835,063 
Weighted-average shares outstanding - diluted12,997,332 12,870,734 12,613,620 
Earnings per share from continuing operations - basic$1.77 $1.01 $3.25 
Earnings per share from discontinued operations - basic$0.69 $0.22 $0.07 
Earnings per common share - basic$2.46 $1.23 $3.32 
Earnings per share from continuing operations - diluted$1.72 $0.96 $3.03 
Earnings per share from discontinued operations - diluted$0.68 $0.21 $0.07 
Earnings per common share - diluted$2.40 $1.17 $3.10 
Instruments not included in the computation of diluted EPS because the effect would be antidilutive364,105 113,427 93,895