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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Computations
Below is a summary of the earnings per share computations:
Three Months Ended June 30,20202019
Earnings per share – basic
$0.20  $0.10  
Earnings per share – diluted
$0.19  $0.09  
Weighted average shares of common stock outstanding – basic
36,071,604  34,540,059  
Weighted average shares of common stock outstanding – diluted
37,285,585  37,962,555  
Six Months Ended June 30,20202019
Earnings per share – basic
$0.31  $0.11  
Earnings per share – diluted
$0.30  $0.10  
Weighted average shares of common stock outstanding – basic
36,040,936  34,518,461  
Weighted average shares of common stock outstanding – diluted
37,296,913  37,896,837  
Schedule of Shares Included in the Diluted Earnings Per Share Computations
Below is a summary of the shares included in the diluted earnings per share computations:
Three Months Ended June 30,20202019
Weighted average shares of common stock outstanding – basic
36,071,604  34,540,059  
10% shares held back pursuant to indemnification clause
—  1,519,805  
Stock options
169,402  363,593  
Warrants
1,041,784  1,539,098  
Restricted stock awards2,795  —  
Weighted average shares of common stock outstanding – diluted
37,285,585  37,962,555  
Six Months Ended June 30,20202019
Weighted average shares of common stock outstanding – basic
36,040,936  34,518,461  
10% shares held back pursuant to indemnification clause
—  1,519,805  
Stock options
173,299  368,273  
Warrants
1,076,802  1,490,298  
Restricted stock awards5,876  —  
Weighted average shares of common stock outstanding – diluted
37,296,913  37,896,837