Note 8 - Earnings Per Share Attributable to Common Stockholders

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

Note 8 – Earnings Per Share Attributable to Common Stockholders:

Basic net earnings (loss) per share of common stock is calculated by dividing net income (loss) attributable to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Diluted net earnings (loss) per share of common stock is computed by giving effect to all potentially dilutive securities.

The following table shows how we computed basic and diluted earnings per common share:

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2021			2020		2021			2020
Net (Loss) Income Attributable to Common Stockholders	$	(2,070	)	$	3,547	$	(20,433	)	$	110
Weighted Average Common Shares Outstanding, Basic		43,373			40,560		42,774			39,452
Dilutive Effect of Share-Based Awards:
Service Period Stock Options		—			978		—			880
Restricted Stock Units		—			141		—			121
Performance		—			21		—			20
Weighted Average Common Shares Outstanding, Diluted		43,373			41,700		42,774			40,473
Basic Earnings per Share	$	(0.05	)	$	0.09	$	(0.48	)	$	0.00
Diluted Earnings per Share	$	(0.05	)	$	0.09	$	(0.48	)	$	0.00

Shares excluded from EPS calculation:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2021		2020		2021		2020
Service Period Stock Options		1,275		1,111		1,298		1,254
Restricted Stock Units		160		199		173		213
Performance Stock Options		886		25		886		25
Total shares issuable as assumed exercise would be antidilutive		2,321		1,335		2,357		1,492

For the three and nine months ended September 30, 2021, diluted net loss per share of common stock is the same as basic net loss per share of common stock, due to the fact that potentially dilutive securities would have an antidilutive effect as the Company incurred a net loss during such period.