Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.21.2
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
   
The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computation for the three and six months ended June 30, 2021 and 2020.
 
  Three Months Ended
  June 30,
2021
June 30,
2020
Net income $ 6,713  $ 2,574 
Weighted average shares outstanding, basic 59,061  38,617 
Effect of dilution 1,162  2,399 
Adjusted weighted average shares outstanding, dilutive 60,223  41,016 
Basic earnings per shares $ 0.11  $ 0.07 
Dilutive earnings per share $ 0.11  $ 0.06 
  Six Months Ended
  June 30,
2021
June 30,
2020
Net income $ 12,860  $ 480 
Weighted average shares outstanding, basic 58,588  38,224 
Effect of dilution 1,206  2,017 
Adjusted weighted average shares outstanding, dilutive 59,794  40,241 
Basic earnings per shares $ 0.22  $ 0.01 
Dilutive earnings per share $ 0.22  $ 0.01