Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Summary of Earnings Per Share, Basic and Diluted
The following is a reconciliation of the numerator and denominator for the computation of basic and diluted earnings per share:
Three Months Ended March 31,
(In thousands, except per share data) 2024 2023
Numerator:
Net (loss) income attributable to common shareholders $ (2,937) $ 1,102 
Adjustment for accretion of tax equity financing fees (27) (27)
(Loss) income attributable to common shareholders $ (2,964) $ 1,075 
Denominator:
Basic weighted-average shares outstanding 52,289  51,963 
Effect of dilutive securities:
Stock options —  1,298 
Diluted weighted-average shares outstanding 52,289  53,261 
Net (loss) income per share attributable to common shareholders:
Basic $ (0.06) $ 0.02 
Diluted $ (0.06) $ 0.02 
Potentially dilutive shares (1)
2,676  1,901 
(1) Potentially dilutive shares attributable to stock options were excluded from the computation of diluted earnings per share as the effect would have been anti-dilutive.