Annual report pursuant to Section 13 and 15(d)

Loss Per Share

v3.20.4
Loss Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
The following table sets forth the computation of basic and diluted earnings per share:
 (in thousands, except per share data) 2020 2019
Numerator:    
Net loss $ (27,267) $ (3,036)
Denominator:    
Denominator for basic earnings per share - weighted average shares
 9,099  8,983 
Effect of dilutive securities:    
Employee stock options and stock grants —  — 
Denominator for diluted earnings per share - weighted average shares
 9,099  8,983 
Net loss per share:    
Basic $ (3.00) $ (0.34)
Diluted $ (3.00) $ (0.34)
The diluted earnings per share calculations exclude the effect of potentially dilutive shares when the inclusion of those shares in the calculation would have an anti-dilutive effect. The Company had weighted average shares of common stock of 194,576 in 2020 and 300 in 2019, which were not included in the diluted earnings per share calculation as their effect was anti-dilutive.