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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31,

 

(in thousands, except per share data)

 

2021

 

 

2020

 

 

 

(unaudited)

 

Basic earnings per share:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

358

 

 

$

(3,580

)

Shares used in computation:

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding

 

 

19,201

 

 

 

18,482

 

Basic earnings per share

 

$

0.02

 

 

$

(0.19

)

 

 

 

 

 

 

 

 

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

358

 

 

$

(3,580

)

Shares used in computation:

 

 

 

 

 

 

 

 

Weighted-average common stock outstanding

 

 

19,201

 

 

 

18,482

 

Common stock equivalents

 

 

523

 

 

 

 

Weighted-average number of shares

 

 

19,724

 

 

 

18,482

 

Diluted earnings per share

 

$

0.02

 

 

$

(0.19

)

Summary of Potential Common Shares Excluded from Diluted Calculation The following table summarizes the potential shares of common stock excluded from the diluted calculation:

 

 

For the Three Months Ended March 31,

 

(in thousands)

 

2021

 

 

2020

 

 

 

(unaudited)

 

Common stock equivalents excluded due to net loss

 

 

 

 

 

520

 

Employee stock options

 

 

30

 

 

 

84

 

 

 

 

30

 

 

 

604