Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Computation of Earnings Per Share

The computation of earnings per share is as follows:

	For the Three Months Ended September 30,					For the Nine Months Ended September 30,
(in thousands, except per share data)	2020		2019			2020		2019
	(unaudited)					(unaudited)
Basic earnings per share:
Net income (loss)	$	6,314	$	(4,144	)	$	209	$	(15,338	)
Shares used in computation:
Weighted-average common stock outstanding		19,183		18,375			18,834		18,070
Basic earnings per share	$	0.33	$	(0.23	)	$	0.01	$	(0.84	)
Diluted earnings per share:
Net income (loss)	$	6,314	$	(4,144	)	$	209	$	(15,338	)
Shares used in computation:
Weighted-average common stock outstanding		19,183		18,375			18,834		18,070
Common stock equivalents		554		—			608		—
Weighted-average number of shares		19,737		18,375			19,442		18,070
Diluted earnings per share	$	0.32	$	(0.23	)	$	0.01	$	(0.84	)

Summary of Potential Common Shares Excluded from Diluted Calculation

The following table summarizes the potential share of common stock excluded from the diluted calculation:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(in thousands)	2020		2019		2020		2019
	(unaudited)				(unaudited)
Common stock equivalents excluded due to net loss		—		835		—		878
Employee stock options		31		416		31		79
		31		1,251		31		957