Quarterly report pursuant to Section 13 or 15(d)

Net Income Per Share (Tables)

v3.22.2
Net Income Per Share (Tables)
 6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of reconciliation of the numerator and denominator of Basic EPS to the numerator and denominator of Diluted EPS
Following is a reconciliation of the numerator and denominator of Basic EPS to the numerator and denominator of Diluted EPS for the three and six months ended June 30, 2022 and 2021 (dollar and share amounts in thousands, except for per share information):
  Three Months Ended
June 30,		 Six Months Ended
June 30,
  2022 2021 2022 2021
Net income (loss) attributable to common shareholders $ 516  $ 6,540  $ (2,434) $ 10,556 
Basic weighted average shares outstanding 19,386  19,999  19,479  19,897 
Basic earnings (loss) per share attributable to common shareholders $ 0.03  $ 0.33  $ (0.12) $ 0.53 
Diluted shares outstanding:        
Basic weighted-average shares outstanding 19,386  19,999  19,479  19,897 
Stock-based awards 208  504  —  443 
Diluted weighted-average shares outstanding 19,594  20,503  19,479  20,340 
Diluted earnings (loss) per share attributable to common shareholders $ 0.03  $ 0.32  $ (0.12) $ 0.52 
Dilutive shares excluded from diluted-per-share amounts:        
Stock options 341  563  —  563 
Anti-dilutive shares excluded from diluted-per-share amounts:        
Stock options 25  —  341  (1) — 
_________________________________________

(1)     As a result of the net loss for the six months ended June 30, 2022, no potentially dilutive securities are included in the calculation of diluted loss per share because such effect would be anti-dilutive. Potentially dilutive securities for the six months ended June 30, 2022 include 341 restricted stock units.