EARNINGS (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2020

EARNINGS (LOSS) PER SHARE

EARNINGS (LOSS) PER SHARE

NOTE 10. EARNINGS (LOSS) PER SHARE

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

	Year Ended December 31,
	2020		2019
Numerator:	(in thousands, except per share amounts)
Net income (loss)	$	4,746	$	(4,698)
Denominator:
Denominator for basic earnings (loss) per share – weighted average shares		8,775		8,525
Effect of dilutive securities:
Employee restricted stock and incentive stock options		99		—
Denominator for diluted earnings (loss) per share – adjusted weighted average shares and assumed conversion		8,874		8,525
Basic earnings (loss) per share	$	0.54	$	(0.55)
Diluted earnings (loss) per share	$	0.53	$	(0.55)
Weighted average anti-dilutive employee restricted stock and incentive stock options		313		433