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Earnings Per Share (Tables)
9 Months Ended
Sep. 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 September 30,20202019
Earnings per share – basic
$0.46 $0.11 
Earnings per share – diluted
$0.45 $0.10 
Weighted average shares of common stock outstanding – basic
36,364,839 34,643,754 
Weighted average shares of common stock outstanding – diluted
37,551,740 37,792,266 
Nine Months Ended September 30,20202019
Earnings per share – basic
$0.77 $0.21 
Earnings per share – diluted
$0.75 $0.20 
Weighted average shares of common stock outstanding – basic
36,149,692 34,555,124 
Weighted average shares of common stock outstanding – diluted
37,249,967 37,816,698 
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 September 30,20202019
Weighted average shares of common stock outstanding – basic
36,364,839 34,643,754 
10% shares held back pursuant to indemnification clause
— 1,511,332 
Stock options
187,843 299,536 
Warrants
960,806 1,337,644 
Restricted stock awards38,252 — 
Weighted average shares of common stock outstanding – diluted37,551,740 37,792,266 
Nine Months Ended September 30,20202019
Weighted average shares of common stock outstanding – basic
36,149,692 34,555,124 
10% shares held back pursuant to indemnification clause
— 1,511,332 
Stock options
178,445 307,665 
Warrants
890,489 1,442,577 
Restricted stock awards31,341 — 
Weighted average shares of common stock outstanding – diluted37,249,967 37,816,698