Net Income per Common Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents Basic and Diluted net income per share for the three months ended March 31, 2023 and 2022:

	Three Months Ended
(In thousands, except share and per share data)	March 31, 2023		March 31, 2022
Net income	$	3,202	$	53,073
Weighted Average Shares - Basic	13,053,117		12,974,125
Effect of dilutive securities:
Convertible Bond Debt	—		3,150,381
Stock awards and options	95,127		130,392
Dilutive potential common shares	95,127		3,280,773
Weighted Average Shares - Diluted	13,148,244		16,254,898
Basic net income per share	$	0.25	$	4.09
Diluted net income per share	$	0.24	$	3.27

Schedule of Potentially Dilutive Securities

he following table presents a summary of potentially dilutive securities that were not included in the computation of Diluted net income per share for the three months ended March 31, 2023 and 2022 because to do so would have been anti-dilutive:

	Three Months Ended
	March 31, 2023	March 31, 2022
Convertible Bond Debt	3,234,665	—
Stock awards and options	16,203	17,661
	3,250,868	17,661