Earnings per Share
|6 Months Ended|
Jun. 30, 2023
|Earnings Per Share [Abstract]|
|Earnings per Share||Earnings per ShareBasic net income per common share is calculated by dividing the income available to common stockholders by the weighted average common shares outstanding during each reporting period. Diluted net income per common share adjusts the weighted average number of common shares outstanding for the potential dilution that could occur if common stock equivalents (stock options, restricted stock units and convertible debt) were exercised or converted into common stock, calculated using the treasury stock method. We had no participating securities during the three and six months ended June 30, 2023 and 2022.
Common stock equivalents of 175 and 84 for the three months ended June 30, 2023 and 2022, respectively, and 162 and 81 for the six months ended June 30, 2023 and 2022, respectively, were excluded from the calculation of diluted net income per common share as the effect would have been anti-dilutive.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef