Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share (Tables)

v3.21.2
Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2021
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 (loss) per share:
Three Months Ended
September 30,
Nine Months Ended September 30,
(in thousands, except per share data) 2021 2020 2021 2020
Numerator:    
Net income (loss) $ 8,199  $ (10,539) $ 12,179  $ (18,674)
Denominator:    
Denominator for basic earnings per share - weighted average shares
9,287  9,105  9,237  9,079 
Effect of dilutive securities:    
Employee stock options and stock grants 116  —  111  — 
Denominator for diluted earnings per share - weighted average shares
9,403  9,105  9,348  9,079 
Net income (loss) per share:
Basic $ 0.88  $ (1.16) $ 1.32  $ (2.06)
Diluted $ 0.87  $ (1.16) $ 1.30  $ (2.06)