(LOSS) EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Components and Results of Operations and Earnings (Loss) Per Common Share Calculations
The following are the components and results of operations and (loss) earnings per common share calculations for the periods presented:
Three Months Ended June 30,Six Months Ended
June 30,
(amounts in thousands, except per common share data)2023202220232022
Net (loss) income available to common shareholders$(4,456)$4,362 $(9,416)$8,326 
Net (loss) income used for EPS$(4,456)$4,362 $(9,416)$8,326 
Weighted-average number of common shares outstanding – basic 11,563 11,94411,56611,947
Weighted-average number of common shares outstanding – diluted11,56312,60011,56612,585
Basic (loss) earnings per common share$(0.39)$0.37 $(0.81)$0.70 
Diluted (loss) earnings per common share$(0.39)$0.35 $(0.81)$0.66 
Schedule of Weighted Average Shares Outstanding
The following table presents the reconciliation from basic to diluted weighted average shares outstanding used in the calculation of basic and diluted (loss) earnings per common share:

Three Months Ended
June 30,
Six Months Ended
June 30,
(amounts in thousands)2023202220232022
Weighted-average number of common shares outstanding – basic11,563 11,944 11,566 11,947 
Add:
Service-based RSUs— 656 — 638 
Weighted-average number of common shares outstanding – diluted11,563 12,600 11,566 12,585 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table presents the potentially dilutive shares that were excluded from the computation of diluted (loss) earnings per common share:
Three Months Ended
June 30,
Six Months Ended
June 30,
(amounts in thousands)2023202220232022
Performance shares300 300 300 300 
Public warrants17,294 17,227 17,294 17,227 
Private warrants5,409 5,476 5,409 5,476 
Performance-based RSUs745 348 745 348 
Service-based RSUs743 — 743 — 
Total24,491 23,351 24,491 23,351