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Earnings per Share
3 Months Ended
Mar. 31, 2022
Earnings per Share  
Earnings per Share

13. Earnings per Share

Basic and diluted earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding during the period.

The following table sets forth the computation of basic and diluted earnings per share:

Three Months Ended

March 31, 

    

2022

    

2021

Numerator:

Net income

$

6,002

$

2,410

Denominator:

Basic weighted-average common shares outstanding

 

11,255,466

 

11,230,482

Dilutive shares

462,383

408,533

Diluted weighted-average common shares outstanding

11,717,849

11,639,015

Basic earnings per share

$

0.53

$

0.21

Diluted earnings per share

$

0.51

$

0.21