Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

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Earnings Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share (“EPS”) excludes dilution and is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or otherwise result in the issuance of common stock that shared in the earnings of the entity. Diluted EPS also utilizes the treasury stock method which prescribes a theoretical buy back of shares from the theoretical proceeds of all options outstanding during the period, and the if-converted method for convertible debt.

The following table represents the number of securities excluded from the income per share computation as a result of their anti-dilutive effect (in thousands):
For the three months ended For the six months ended
Anti-dilutive securities June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023
Common stock purchase warrants 376 1,231 376 1,231
Stock options 4,253 3,691 4,253 3,691
Anti-dilutive securities 4,629 4,922 4,629 4,922