Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.24.2.u1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share The following tables compute basic and diluted earnings per share (in thousands, except per share data):
    Three Months Ended
June 30, 2024
 
    Loss
Numerator
    Shares Denominator     Per-Share Amount  
Net loss   $ (3,106 )                
Less: Preferred stock dividends     (316 )                
Basic and diluted loss per share:                        
Loss available to common stockholders
  $ (3,422 )     73,486     $ (0.05 )
    Three Months Ended
June 30, 2023
 
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income   $ 7,595                  
Less: Preferred stock dividends     (315 )                
Less: Income allocated to participating securities     (96 )                
Basic income per share:                        
Income available to common stockholders   $ 7,184       73,394     $ 0.10  
Add: Dilutive instruments    
      709          
Diluted income per share:                        
Income available to common stockholders   $ 7,184       74,103     $ 0.10  
    Six Months Ended
June 30, 2024
 
    Loss
Numerator
    Shares Denominator     Per-Share Amount  
Net loss   $ (14,831 )                
Less: Preferred stock dividends     (631 )                
Basic and diluted loss per share:                        
Loss available to common stockholders
  $ (15,462 )     73,126     $ (0.21 )
    Six Months Ended
June 30, 2023
 
    Loss
Numerator
    Shares Denominator     Per-Share Amount  
Net loss   $ (5,571 )                
Less: Preferred stock dividends     (627 )                
Basic and diluted loss per share:                        
Loss available to common stockholders
  $ (6,198 )     73,603     $ (0.08 )