Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of the Computation of Basic and Diluted Loss Per Share
The following table sets forth the computation of basic and diluted earnings per share:
Three Months Ended March 31,
(in thousands, except per share data) 2022 2021
Numerator:    
Net income $ 10,260  $ 1,094 
Denominator:    
Denominator for basic earnings per share - weighted average shares
 10,209  9,191 
Effect of dilutive securities:    
Employee stock options and stock grants 111  97 
Denominator for diluted earnings per share - weighted average shares
 10,320  9,288 
Net income per share:
Basic $ 1.00  $ 0.12 
Diluted $ 0.99  $ 0.12