XML 34 R24.htm IDEA: XBRL DOCUMENT
v3.23.2

Net Income Per Common Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Earnings Per Share [Abstract] |
Computation of basic and diluted net income per common share: | The computation of basic and diluted net income per common share (in thousands, except for per share data) is as follows:
| Three months ended June 30, |  | Six months ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Net income | $ | 7,936 |  |  | $ | 2,188 |  |  | $ | 13,788 |  |  | $ | 6,052 |
Less: net income allocated to participating securities | 57 |  |  | 40 |  |  | 110 |  |  | 121 |
Net income available to common shareholders | $ | 7,879 |  |  | $ | 2,148 |  |  | $ | 13,678 |  |  | $ | 5,931 |
Weighted average common shares outstanding — basic | 8,500 |  |  | 8,329 |  |  | 8,460 |  |  | 8,298 |
Effect of weighted average dilutive securities | 130 |  |  | — |  |  | 164 |  |  | — |
Weighted average common and potentially issuable common shares outstanding — diluted | 8,630 |  |  | 8,329 |  |  | 8,624 |  |  | 8,298 |
Basic net income per common share | $ | 0.93 |  |  | $ | 0.26 |  |  | $ | 1.62 |  |  | $ | 0.71 |
Diluted net income per common share | $ | 0.91 |  |  | $ | 0.26 |  |  | $ | 1.59 |  |  | $ | 0.71 |
The computation of basic and diluted net income per participating share is as follows (in thousands, except for per share data):
| Three months ended June 30, |  | Six months ended June 30, |
| 2023 |  | 2022 |  | 2023 |  | 2022 |
Net income allocated to participating securities | $ | 57 |  |  | $ | 40 |  |  | $ | 110 |  |  | $ | 121 |  |
Weighted average participating shares outstanding — basic | 61 |  |  | 156 |  |  | 68 |  |  | 170 |  |
Effect of dilutive securities | — |  |  | — |  |  | — |  |  | — |  |
Weighted average common and potentially issuable common shares outstanding — diluted | 61 |  |  | 156 |  |  | 68 |  |  | 170 |  |
Basic net income per participating share | $ | 0.93 |  |  | $ | 0.26 |  |  | $ | 1.62 |  |  | $ | 0.71 |  |
Diluted net income per participating share | $ | 0.93 |  |  | $ | 0.26 |  |  | $ | 1.62 |  |  | $ | 0.71 |  |

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