v3.25.2
Earnings Per Share - Summary of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Basic earnings per share        
Net income attributable to the Company $ 2,759 $ 4,744 $ 11,548 $ 4,794
Less: Earnings allocable to unvested restricted stock (192) (260) (769) (519)
Net income attributable to common shareholders $ 2,567 $ 4,484 $ 10,779 $ 4,275
Weighted-average basic shares outstanding 30,456 31,150 30,438 31,348
Net income per share attributable to common shareholders $ 0.08 $ 0.14 $ 0.35 $ 0.14
Diluted earnings per share        
Net income attributable to common shareholders [1] $ 2,567 $ 4,484 $ 10,779 $ 4,275
Weighted-average diluted shares [1] 30,742 31,156 30,726 31,351
Net income per share attributable to common shareholders [1] $ 0.08 $ 0.14 $ 0.35 $ 0.14
[1] For the three and six months ended June 30, 2025, the computation of diluted EPS includes contingently issuable shares related to PSUs calculated under the treasury stock method. For the three and six months ended June 30, 2025, the computation of diluted EPS does not include contingently issuable shares related to unvested restricted stock awards due to their anti-dilutive nature. For the three and six months ended June 30, 2025, had the contingently issuable shares been dilutive, the denominator for diluted EPS would have been 30,832,900 and 30,828,038, respectively, including 90,604 and 102,232, respectively, contingently issuable shares related to unvested restricted stock awards. For the three and six months ended June 30, 2024, the computation of diluted EPS includes contingently issuable shares related to PSUs calculated under the treasury stock method. For the three and six months ended June 30, 2024, the computation of diluted EPS does not include contingently issuable shares related to unvested restricted stock awards due to their anti-dilutive nature. For the three and six months ended June 30, 2024, had the contingently issuable shares been dilutive, the denominator for diluted EPS would have been 31,183,259 and 31,370,543, respectively, including 26,957 and 19,532, respectively, contingently issuable shares related to unvested restricted stock awards.