Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share (Tables)

v3.23.1
Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of the Computation of Basic and Diluted Earnings (Loss) Per Share
The following table sets forth the computation of basic and diluted earnings (loss) per share:
Three Months Ended March 31,
(in thousands, except per share data) 2023 2022
Numerator:    
Net income (loss) $ (5,199) $ 10,260 
Denominator:    
Denominator for basic earnings (loss) per share - weighted average shares 10,148  10,209 
Effect of dilutive securities:    
Employee stock options and stock grants —  111 
Denominator for diluted earnings (loss) per share - weighted average shares 10,148  10,320 
Net income (loss) per share:
Basic $ (0.51) $ 1.00 
Diluted $ (0.51) $ 0.99