Earnings Per Share

12 Months Ended

Dec. 31, 2020

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted income per share, including a reconciliation of net income and the number of shares used in computing basic and diluted income per share. Basic income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period. Diluted income per share is determined using the weighted average shares of common stock (including DSUs) outstanding during the period, and assumes all potentially dilutive securities were converted into common shares at the earliest date possible. There were no potentially dilutive securities outstanding during the years ended December 31, 2020, 2019 and 2018.


	Year Ended December 31,
(Amounts in thousands, except share and per share amounts)	2020		2019		2018
Income from continuing operations	$	41,939	$	60,075	$	56,641
Loss from discontinued operations (see Note 7)	—		—		(23,797)
Net income	$	41,939	$	60,075	$	32,844

Weighted average shares outstanding – basic and diluted	5,120,922		5,118,198		5,116,838

Income from continuing operations	$	8.19	$	11.74	$	11.07
Loss from discontinued operations (see Note 7)	—		—		(4.65)
Net income per common share – basic and diluted	$	8.19	$	11.74	$	6.42