(Loss) Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of Computation of Basic and Diluted (Loss) Earnings per Common Share

The following tables present the basic and diluted (loss) earnings per share, and the reconciliation of basic to diluted weighted average common shares (in thousands):


	Three Months Ended June 30,
	2023		2022
Basic (Loss) Earnings Per Share
Numerator:
Undistributed net (loss) income from operations	$	(1,068)	$	8,654



Basic net (loss) income attributable to common shares	$	(1,068)	$	8,654
Denominator:
Basic weighted average shares outstanding	17,843		20,322
Basic undistributed net (loss) income per share attributable to common shares	$	(0.06)	$	0.43

Diluted (Loss) Earnings Per Share
Numerator:
Undistributed net (loss) income from operations	$	(1,068)	$	8,654



Diluted net (loss) income attributable to common shares	$	(1,068)	$	8,654
Denominator:
Basic weighted average shares outstanding	17,843		20,322

Effect of dilutive options and restricted share units	—		247
Diluted weighted average shares outstanding	17,843		20,569
Diluted undistributed net (loss) income per share attributable to common shares	$	(0.06)	$	0.42


	Six Months Ended June 30,
	2023		2022
Basic (Loss) Earnings Per Share
Numerator:
Undistributed net (loss) income from operations	$	(22,535)	$	7,749



Basic net (loss) income attributable to common shares	$	(22,535)	$	7,749
Denominator:
Basic weighted average shares outstanding	18,063		20,474
Basic undistributed net (loss) income per share attributable to common shares	$	(1.25)	$	0.38

Diluted (Loss) Earnings Per Share
Numerator:
Undistributed net (loss) income from operations	$	(22,535)	$	7,749



Diluted net (loss) income attributable to common shares	$	(22,535)	$	7,749
Denominator:
Basic weighted average shares outstanding	18,063		20,474

Effect of dilutive options and restricted share units	—		309
Diluted weighted average shares outstanding	18,063		20,783
Diluted undistributed net (loss) income per share attributable to common shares	$	(1.25)	$	0.37