Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.21.2
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of weighted average shares (denominator) used in the basic and dilutive 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 nine months ended September 30, 2021 and 2020.
 
  Three Months Ended
  September 30,
2021
September 30,
2020
Net income $ 4,027  $ 3,338 
Weighted average shares outstanding, basic 58,531  47,878 
Effect of dilution 959  3,748 
Adjusted weighted average shares outstanding, dilutive 59,490  51,626 
Basic earnings per share $ 0.07  $ 0.07 
Dilutive earnings per share $ 0.07  $ 0.06 
  Nine Months Ended
  September 30,
2021
September 30,
2020
Net income $ 16,887  $ 3,818 
Weighted average shares outstanding, basic 58,994  41,477 
Effect of dilution 1,114  2,747 
Adjusted weighted average shares outstanding, dilutive 60,108  44,224 
Basic earnings per share $ 0.29  $ 0.09 
Dilutive earnings per share $ 0.28  $ 0.09