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EARNINGS (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2021
EARNINGS (LOSS) PER SHARE  
Schedule of Earnings per share, basic and diluted

Earnings (loss) per share for the three months ended March 31, 2021 and 2020 are calculated for basic and diluted earnings (loss) per share as follows:

Basic

Diluted

(in thousands, except per share amounts)

Three Months Ended March 31, 

Three Months Ended March 31, 

  

2021

  

2020

  

2021

  

2020

  

Net income/(loss)

$

86

$

(7,011)

$

86

$

(7,011)

Net income allocated to restricted stock

 

(5)

 

 

(5)

 

Net income/(loss) allocated to common shares

$

81

$

(7,011)

$

81

$

(7,011)

Basic Weighted-Average Shares Outstanding

 

12,004

 

11,902

 

12,004

 

11,902

Dilutive effect of stock options and ESPP

 

13

 

Diluted Weighted-Average Shares Outstanding

 

12,017

 

11,902

Earnings/(loss) per share

$

0.01

$

(0.59)

$

0.01

$

(0.59)