XML 41 R28.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings (loss) Per Share and Certain Related Information (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Summary of Reconciliation of Net Income and Weighted Average Shares Outstanding for Calculation of Basic and Diluted Earnings per Share
The following table represents a reconciliation of the net income (loss) and weighted average shares outstanding for the calculation of basic and diluted earnings (loss) per share for the three and nine months ended September 30, 2024 and 2023 (in thousands, except share data):
 For the Three Months Ended September 30,For the Nine Months Ended September 30,
 2024202320242023
Numerator
Net income (loss)
$771 $1,183 $(2,869)$1,086 
Earnings allocated to non-vested shares53 146 – 140 
Total
$718 $1,037 $(2,869)$946 
Denominator
Weighted average common shares outstanding16,537,47212,814,97115,559,27912,304,751
Effect of dilutive nominal options
Effect of dilutive contingently earned shares297,865978,1491,133,090
Dilutive average shares outstanding16,835,33713,793,12015,559,27913,437,841
Basic income (loss) per share
$0.04 $0.08 $(0.18)$0.08 
Dilutive income (loss) per share
$0.04 $0.08 $(0.18)$0.07