XML 28 R17.htm IDEA: XBRL DOCUMENT v3.21.4
EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2021
EARNINGS PER SHARE [Abstract]  
Computation of Basic and Diluted EPS
The following table sets forth the computation of basic and diluted EPS for the three and nine months ended September 30, 2021 and 2020:

(in thousands, except share data)
  
Three Months Ended September 30,
     Nine Months Ended September 30,
  
   
2021 (1)
    
2020 (1)
   
2021
    
2020 (1)
 
Numerator:                        
Net income (loss)
  
$
(16
)
  
$
(982
)
   $ 1,269     $ (4,495 )
                                 
Denominator:
                                
Basic weighted-average common shares outstanding
    
8,663,921
      
9,042,991
       8,712,939       9,038,415  
Dilutive effect of service-based restricted stock awards granted to Board of Directors under the Plan
     -       -       5,129       -  
Diluted weighted-average common shares outstanding
    
8,663,921
      
9,042,991
       8,718,068       9,038,415  

(1)
For the three months ended September 30, 2021, there were 15,326 shares excluded from the diluted EPS calculation, and for the three and nine months ended September 30, 2020, there were 1,875 and 7,422 shares, respectively, excluded from the diluted EPS calculation because the impact of their assumed vesting would be anti-dilutive due to a net loss in those respective periods.