EARNINGS (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2021

EARNINGS PER SHARE

Schedule of basic and diluted earnings per share

	Year Ended December 31,
	2021		2020
Numerator:	(in thousands, except per share amounts)
Net income	$	24,768	$	4,746
Denominator:
Denominator for basic earnings per share – weighted average shares		8,815		8,775
Effect of dilutive securities:
Employee restricted stock and incentive stock options		158		99
Denominator for diluted earnings per share – adjusted weighted average shares and assumed conversion		8,973		8,874
Basic earnings per share	$	2.81	$	0.54
Diluted earnings per share	$	2.76	$	0.53
Weighted average anti-dilutive employee restricted stock and incentive stock options		106		313