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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Schedule of Earnings Per Share The following table reconciles the weighted average basic number of common shares outstanding and the weighted average diluted number of common shares outstanding for the purpose of calculating basic and diluted earnings per share:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Weighted average common shares outstanding – basic

 

 

35,387

 

 

 

35,049

 

 

 

35,386

 

 

 

35,255

 

Dilutive effect of common stock awards

 

 

-

 

 

 

200

 

 

 

-

 

 

 

-

 

Weighted average common shares outstanding – diluted

 

 

35,387

 

 

 

35,249

 

 

 

35,386

 

 

 

35,255

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the three and nine months ended September 30, 2021 and 2020, the Company has excluded the following common stock options and awards because their impact on the income/(loss) per share is anti-dilutive (in thousands on a weighted average basis):

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(In thousands)

 

Director stock awards

 

 

63

 

 

 

-

 

 

 

60

 

 

 

45

 

Stock options

 

 

54

 

 

 

-

 

 

 

56

 

 

 

122

 

Performance share units

 

 

323

 

 

 

9

 

 

 

328

 

 

 

276

 

Restricted stock awards

 

 

477

 

 

 

7

 

 

 

479

 

 

 

326