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Earnings (Loss) Per Share | 6 Months Ended
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Jun. 30, 2023
Earnings (Loss) Per Share [Abstract] |
Earnings (Loss) Per Share | 9. Earnings (Loss) Per Share Basic earnings (loss) per share (“EPS”) is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted EPS gives effect to all potentially dilutive common shares outstanding during the period, including stock options and warrants, using the treasury stock method. Diluted EPS excludes all potentially dilutive shares of common stock if their effect is anti-dilutive. ​ The following table is a reconciliation of the numerator and denominator of the basic and diluted net (loss) income per share computations for the three and six months ended June 30, 2023 and 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | ​ | Six Months Ended | ​
​ | ​ | June 30, | ​ | June 30, | ​
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022 | ​
Numerator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net (loss) income attributable to Xcel Brands, Inc. stockholders (in thousands) | ​ | $ | (3,468) | ​ | $ | 9,490 | ​ | $ | (9,111) | ​ | $ | 6,003 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic weighted average number of shares outstanding |  | ​ | 19,735,500 |  | ​ | 19,677,243 | ​ | ​ | 19,684,630 |  | ​ | 19,624,474 |
Add: Effect of warrants |  | ​ | — |  | ​ | 657 | ​ | ​ | — |  | ​ | 639 |
Add: Effect of stock options | ​ | ​ | — | ​ | ​ | 136,548 | ​ | ​ | — | ​ | ​ | 131,662 | ​
Diluted weighted average number of shares outstanding |  | ​ | 19,735,500 |  | ​ | 19,814,448 | ​ | ​ | 19,684,630 |  | ​ | 19,756,775 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic net loss per share | ​ | $ | (0.18) | ​ | $ | 0.48 | ​ | $ | (0.46) | ​ | $ | 0.31 | ​
Diluted net loss per share | ​ | $ | (0.18) | ​ | $ | 0.48 | ​ | $ | (0.46) | ​ | $ | 0.30 | ​
​ As a result of the net loss for the current quarter and current six months, the Company calculated diluted EPS using basic weighted average shares outstanding for such periods, as utilizing diluted shares would be anti-dilutive to loss per share. ​ The computation of diluted EPS excludes the following potentially dilutive securities because their inclusion would be anti-dilutive: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended | ​ | Six Months Ended | ​
​ |  | June 30, | ​ | June 30, | ​
​ |  | 2023 |  | 2022 |  | 2023 |  | 2022 | ​
Stock options | ​ | 5,119,420 | ​ | 5,781,890 | ​ | 5,119,420 | ​ | 5,781,890 | ​
Warrants | ​ | 1,116,065 | ​ | 116,065 | ​ | 1,116,065 | ​ | 116,065 | ​
Total | ​ | 6,235,485 |  | 5,897,955 | ​ | 6,235,485 |  | 5,897,955 |
​

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