Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.22.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Calculations of Basic and Diluted EPS

The calculations of basic and diluted EPS are as follows:

 

    Three Months Ended March 31, 2022     Three Months Ended March 31, 2021  
          Weighted                 Weighted        
          Average     Loss           Average     Earnings  
    Net     Shares     Per     Net     Shares     Per  
    Loss     Outstanding     Share     Income     Outstanding     Share  
    (in thousands, except per share data)     (in thousands, except per share data)  
Basic:                                                
As reported   $ (543 )     33,918             $ 253       23,279          
Amounts allocated to unvested restricted shares and warrants                         (1 )     (92 )        
Amounts available to common stockholders   $ (543 )     33,918     $ (0.02 )   $ 252       23,187     $ 0.01  
Diluted:                                                
Amounts allocated to unvested restricted shares                         1       92          
Stock warrants                                        
Shares of common stock to be issued for convertible note                               1,750          
Amounts reallocated to unvested restricted shares                         (1 )              
Amounts available to stockholders and assumed conversions   $ (543 )     33,918     $ (0.02 )   $ 252       25,029     $ 0.01