Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY (Tables)

v3.21.2
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2021
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY  
Schedule of Earnings Per Share, Basic and Diluted

The table below reconciles basic and diluted income (loss) per share of common stock:

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​

​

​

​

​

​

​

​

​

​

​

​

(In thousands)

​

Three Months Ended

​

Nine Months Ended

​

​

September 30, 

​

September 30, 

​

    

2021

    

2020

    

2021

    

2020

Numerator:

 

​

  

 

​

  

 

​

  

 

​

  

Net income (loss) ─ basic

​

$

4,619

​

$

7,708

​

$

6,658

​

$

(3,353)

Adjustment for assumed conversion of warrants

​

​

—

​

​

—

​

​

—

​

​

(1,159)

Net income (loss) ─ diluted

​

$

4,619

​

$

7,708

​

$

6,658

​

$

(4,512)

​

​

​

​

​

​

​

​

​

​

​

​

​

Denominator:

​

 

  

​

 

  

​

 

  

​

 

  

Weighted-average common and common share equivalents ─ basic

​

 

34,227

​

 

27,106

​

 

31,939

​

 

27,087

Potential dilution from share-based awards

​

​

2,409

​

​

358

​

​

2,400

​

​

—

Potential dilution from assumed conversion of warrants

​

 

—

​

 

—

​

 

—

​

 

133

Weighted-average common and common share equivalents ─ diluted

​

 

36,636

​

 

27,464

​

 

34,339

​

 

27,220

Anti-dilutive share-based awards and warrants excluded from the calculation of diluted loss per share

​

 

177

​

 

2,360

​

 

177

​

 

3,534