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Net Income (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings per Share

The computation of diluted EPS excludes the common stock equivalents of the following potentially dilutive securities because they were contingently issuable shares or because their inclusion would be anti-dilutive:

  

   2024   2023   2024   2023 
  

Three Months Ended

September 30,

  

Nine Months Ended

September 30,

 
   2024   2023   2024   2023 
RSUs   574,465    805,619    1,566,994    805,619 
Schedule of Numerators and Denominators of the Basic and Diluted EPS Computations

The following tables reconcile the numerators and denominators of the basic and diluted EPS computations. There were no reconciling items for the nine months ended September 30, 2024:

 

Three months ended September 30, 2024 

Income (Numerator)

(in millions)

   Shares (Denominator)   Per-Share Amount 
Basic EPS               
Income available to common stockholders  $       3.4    28,496,801   $0.12 
Effect of Dilutive Securities               
RSUs       691,986   $ 
Diluted EPS               
Income available to common stockholders  $3.4   $29,188,787   $0.12 

 

Three months ended September 30, 2023 

Income (Numerator)

(in millions)

   Shares (Denominator)   Per-Share Amount 
Basic EPS               
Income available to common stockholders  $       3.4    28,104,365   $0.12 
Effect of Dilutive Securities               
RSUs       1,000,902   $ 
Diluted EPS               
Income available to common stockholders  $3.4   $29,105,267   $0.12 

 

 

Nine months ended September 30, 2023 

Income (Numerator)

(in millions)

   Shares (Denominator)   Per-Share Amount 
Basic EPS               
Income available to common stockholders  $       7.6    28,088,901   $0.27 
Effect of Dilutive Securities               
RSUs       1,060,384   $(0.01)
Diluted EPS               
Income available to common stockholders  $7.6   $29,149,285   $0.26