EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2021

EARNINGS (LOSS) PER SHARE

Schedule of Earnings per share, basic and diluted

Earnings (loss) per share for the three and six months ended June 30, 2021 and 2020 are calculated for basic and diluted earnings (loss) per share as follows:

	Basic				Diluted				Basic				Diluted
(in thousands, except per share amounts)	Three Months Ended June 30,				Three Months Ended June 30,				Six Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020		2021		2020		2021		2020
Net loss	$	(14,106)	$	(12,336)	$	(14,106)	$	(12,336)	$	(14,020)	$	(19,347)	$	(14,020)	$	(19,347)
Net income allocated to restricted stock		—		—		—		—		—		—		—		—
Net loss allocated to common shares	$	(14,106)	$	(12,336)	$	(14,106)	$	(12,336)	$	(14,020)	$	(19,347)	$	(14,020)	$	(19,347)
Basic Weighted-Average Shares Outstanding		12,085		11,967		12,085		11,967		12,045		11,935		12,045		11,935
Dilutive effect of stock options and ESPP						—		—						—		—
Diluted Weighted-Average Shares Outstanding						12,085		11,967						12,045		11,935
Loss per share	$	(1.17)	$	(1.03)	$	(1.17)	$	(1.03)	$	(1.16)	$	(1.62)	$	(1.16)	$	(1.62)