EARNINGS (LOSS) PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of earnings per share, basic and diluted

A reconciliation of the numerators and denominators of the basic and diluted earnings (loss) per share calculations for the three and six months ended June 30, 2022 and 2021 were as follows:


	Three Months Ended June 30,					Six Months Ended June 30,
	2022		2021			2022		2021
Earnings (loss) per share (“EPS”):



Basic	$	1.02	$	(0.04)		$	2.04	$	(0.11)



Diluted	$	0.98	$	(0.04)		$	1.95	$	(0.11)
EPS numerator - basic and diluted:


Net income (loss)	$	3,093	$	(122)		$	6,112	$	(325)
EPS denominator (in thousands):
Weighted average common stock outstanding - basic	3,028		2,906			2,997		2,899
Common stock equivalents: restricted stock units and restricted shares of common stock	118		—		(a)	135		—		(a)
Weighted average number of common stock outstanding - diluted	3,146		2,906			3,132		2,899

(a)The diluted weighted average number of shares of common stock outstanding did not differ from the basic weighted average number of shares of common stock outstanding because the effects of any potential common stock equivalents (see Note 6 to the Condensed Consolidated Financial Statements for further details on unvested restricted stock units) were anti-dilutive and therefore not included in the calculation of the denominator of dilutive earnings (loss) per share.

Schedule of antidilutive securities excluded from computation of earnings per share

The weighted average number of shares outstanding used in the computation of diluted net earnings or loss per share for the three and six months ended June 30, 2022 and 2021 did not include the effect of the following potentially outstanding shares of common stock because the effect would have been anti-dilutive:


	Three Months Ended June 30,		Six Months Ended June 30,
	2022	2021	2022	2021
Unvested restricted shares of common stock	—	52,226	—	52,226
Unvested restricted stock units	30,493	146,893	15,338	146,893

Total	30,493	199,119	15,338	199,119