Earnings (Loss) Per Share

6 Months Ended

Jun. 30, 2020

Earnings (Loss) Per Share [Abstract]

Earnings (Loss) Per Share

Note 6: Earnings (Loss) Per Share

Basic earnings (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted earnings (loss) per share is calculated by dividing net income (loss) by the weighted-average number of common shares outstanding, after taking into consideration all dilutive potential shares outstanding during the period.

Basic and diluted earnings (loss) per share were calculated as follows:

	(all amounts in thousands except share and per share data)
		For the three months ended				For the six months ended
		June 30,				June 30,
		2020		2019		2020		2019
Net (loss) income		$	(760)	$	(154)	$	2,742	$	1,166
Weighted average shares outstanding - basic			49,926,267		50,999,341		49,884,169		51,476,442
Effect of dilutive securities attributable to stock based awards			-		-		168,821		96,968
Weighted average shares outstanding - diluted			49,926,267		50,999,341		50,052,990		51,573,410
(Loss) income per common share:
Basic		$	(0.02)	$	(0.00)	$	0.05	$	0.02
Diluted		$	(0.02)	$	(0.00)	$	0.05	$	0.02
Anti-dilutive securities excluded from earnings per share calculation			2,585,401		2,835,890		1,903,737		2,047,585