Net Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Basic and Diluted Net Earnings Per Share

Basic net earnings per share is computed by dividing net income by the weighted average number of common shares outstanding for the period. Details of the calculations are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Net income	$	1,719	$	532	$	4,150	$	506
Net income attributable to noncontrolling interest		229		128		377		49
Net income attributable to shareholders of    Manitex International, Inc.	$	1,490	$	404	$	3,773	$	457
Income per share
Basic
Net income	$	0.08		0.03	$	0.20	$	0.03
Net income attributable to shareholders of    Manitex International, Inc.	$	0.07		0.02	$	0.19	$	0.02
Diluted
Net income	$	0.08		0.03	$	0.20	$	0.03
Net income attributable to shareholders of    Manitex International, Inc.	$	0.07		0.02	$	0.19	$	0.02
Weighted average common shares outstanding
Basic		20,368,668		20,206,919		20,326,794		20,164,486
Diluted
Basic		20,368,668		20,206,919		20,326,794		20,164,486
Dilutive effect of restricted stock units and stock options		24,088		3,040		51,405		2,482
Dilutive		20,392,756		20,209,959		20,378,199		20,166,968

The following securities were not included in the computation of diluted earnings per share as their effect would have been antidilutive:

Schedule of Antidilutive Securities Excluded from Computation of Diluted Earnings Per Share

	June 30,
	2024		2023
Unvested restricted stock units		273,272		282,230
Options to purchase common stock		213,437		213,437
		486,709		495,667