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(Loss) Income Per Share | 6 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
(Loss) Income Per Share | (Loss) Income Per Share Basic loss per share (“EPS”) is calculated using income available to common stockholders, divided by the weighted average number of shares outstanding during the period. Diluted earnings per share is calculated using income available to common stockholders divided by the weighted average number of shares of common stock including both shares outstanding and shares potentially issuable in connection with restricted common stock awards and stock option under our stock incentive plans. Reconciliations of basic and diluted EPS were as follows:
|  | Three Months Ended June 30, |  | Six Months Ended June 30,
In thousands, except per share amounts |  | 2024 |  | 2023 |  | 2024 |  | 2023
Numerator: |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (27,834) |  |  | $ | 580 |  |  | $ | (28,005) |  |  | $ | (211) |
Denominator: |  |  |  |  |  |  |  |
Basic EPS denominator: weighted-average common shares outstanding |  | 7,257 |  | 7,358 |  | 7,246 |  | 7,392
Diluted EPS denominator |  | 7,365 |  | 7,505 |  | 7,354 |  | 7,392
Basic (loss) income per Common Share |  | $ | (3.84) |  |  | $ | 0.08 |  |  | $ | (3.86) |  |  | $ | (0.03) |
Diluted (loss) income per Common Share |  | $ | (3.84) |  |  | $ | 0.08 |  |  | $ | (3.86) |  |  | $ | (0.03) |
For the three months ended June 30, 2024 and 2023, respectively, the following shares have been excluded from the calculation of shares used in the diluted EPS calculation: 339,125 and 7,428 shares of anti-dilutive market price options; 349 and 45,338 of anti-dilutive unvested restricted shares. For the six months ended June 30, 2024 and 2023, respectively, the following shares have been excluded from the calculation of shares used in the diluted EPS calculation: 325,924 and 8,668 shares of anti-dilutive market price options; 27,939 and 45,906 of anti-dilutive unvested restricted shares.

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