Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Common Stock Purchased Including Purchase of Common Stock for Tax Withholdings

The Company did not repurchase any of its common stock during 2021 or 2020. Common stock repurchased in 2019 (excluding commission and the purchase of common stock for tax withholdings) was as follows:

(Dollars in thousands, except for shares purchased)	2019
For the Three Months Ended	Shares Purchased	Amount
March 31,	131,012	$	1,806
June 30,	—	—
September 30,	401,342	4,749
December 31,	—	—
Total	532,354	$	6,555

Schedule of Earnings Per Share, Basic and Diluted

The components of basic and diluted net loss per common share were as follows for the periods stated:

	For the Year Ended December 31,
(In thousands, except for share and per share amounts)	2021		2020		2019
Numerator:
Net loss	$	(22,180)	$	(44,225)	$	(10,765)
Denominator:
Basic and diluted weighted average outstanding shares of common stock	19,404,477		19,028,918		19,089,402
Basic and diluted net loss per common share	$	(1.14)	$	(2.32)	$	(0.56)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the years ended December 31, 2021, 2020 and 2019, the following securities were not included in the calculation of diluted shares outstanding as the effect would have been anti-dilutive:

	For the Year Ended December 31,
	2021	2020	2019
Restricted stock units	371,194	297,757	189,862

Activities Under Equity Plan

The following table summarizes the activities under the Equity Plans from January 1, 2019, through December 31, 2021:

	Activity
Total equity securities available at January 1, 2019	904,437
Less: RSU and restricted stock awarded to eligible employees, net of forfeitures	(257,957)
Total equity securities available at December 31, 2019	646,480
Less: RSU and restricted stock awarded to eligible employees, net of forfeitures	(547,166)
Plus: Additional shares available for issuance under the 2020 Equity Plan	1,600,000
Total equity securities available at December 31, 2020	1,699,314
Less: RSU, DSU and restricted stock awarded to eligible employees, net of forfeitures	(539,241)
Less: stock issued in lieu of cash compensation	(169,944)
Total equity securities available at December 31, 2021	990,129

Additional Awards Under 2011 LTIP

The following table details activities with respect to outstanding RSUs, DSUs, and restricted stock under the Equity Plans for the year ended December 31, 2021:

	Shares	Weighted-Average Grant Date Fair Value per Share
Unvested at January 1, 2021	636,722	$	12.16
Granted	657,492	11.02
Vested	(404,792)	12.07
Forfeited	(118,251)	12.08
Unvested at December 31, 2021	771,171	$	11.24

Activities Under Equity Plan From Inception

The following table summarizes the activities under the ESPP from January 1, 2019, through December 31, 2021:

	Activity
Total ESPP equity securities available at January 1, 2019	208,159
Less: common stock purchased by eligible employees	(23,299)
Total ESPP equity securities available at January 1, 2020	184,860
Less: common stock purchased by eligible employees	(35,661)
Total ESPP equity securities available at January 1, 2021	149,199
Less: common stock purchased by eligible employees	(16,015)
Total ESPP equity securities available at December 31, 2021	133,184

Summary of Stock Based Compensation Expense

The following table reflects stock-based compensation expense for the periods stated:

	For the Year Ended December 31,
(Dollars in thousands)	2021		2020		2019
Performance-based RSUs	$	1,608	$	2,019	$	1,434
Time-based RSUs and restricted stock	3,754		3,389		2,119
Equity in lieu of salary	1,845		—		—
ESPP	32		100		90
Total stock-based compensation	$	7,239	$	5,508	$	3,643