Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (???EPS???) (Tables)

v3.21.2
Earnings Per Share (“EPS”) (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of calculations of basic and diluted EPS
    Three Months Ended September 30, 2021     Three Months Ended September 30, 2020  
          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   $ (195 )     33,064           $ 4,689       23,252        
Amounts allocated to unvested restricted shares                         (23 )     (114 )        
Amounts available to common stockholders   $ (195 )     33,064     $ (0.01 )   $ 4,666       23,138     $ 0.20  
Diluted:                                                
Amounts allocated to unvested restricted shares                         23       114          
Amounts reallocated to unvested restricted shares          
              (23 )    
         
Amounts available to stockholders and assumed conversions   $ (195 )     33,064     $ (0.01 )   $ 4,666       23,252     $ 0.20  

 

    Nine Months Ended September 30, 2021     Nine Months Ended September 30, 2020  
          Weighted                 Weighted        
          Average     Earnings           Average     Earnings  
    Net     Shares     Per     Net     Shares     Per  
    Income     Outstanding     Share     Income     Outstanding     Share  
    (in thousands, except per share data)     (in thousands, except per share data)  
Basic:            
As reported   $ 420       27,812             $ 11,525       23,192          
Amounts allocated to unvested restricted shares and warrants     (22 )     (1,439 )             (73 )     (146 )        
Amounts available to common stockholders   $ 398       26,373     $ 0.02     $ 11,452       23,046     $ 0.50  
Diluted:                                                
Amounts allocated to unvested restricted shares     23       1,439               73       146          
Stock warrants    
      3,964              
     
         
Incremental shares to be issued for convertible note     31       10,000                    
         
Amounts reallocated to unvested restricted shares     (23 )    
              (73 )    
         
Amounts available to stockholders and assumed conversions   $ 429       41,776     $ 0.01     $ 11,452       23,192     $ 0.49