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)
6 Months Ended
Jun. 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:

(In thousands)

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2021

    

2020

    

2021

    

2020

Numerator:

 

  

 

  

 

  

 

  

Net income (loss) – basic

$

5,484

$

(6,703)

$

2,039

$

(11,061)

Adjustment for assumed conversion of warrants

(1,562)

Net income (loss) – diluted

$

5,484

$

(6,703)

$

2,039

$

(12,623)

Denominator:

 

  

 

  

 

  

 

  

Weighted-average common and common share equivalents - basic

 

34,156

 

27,079

 

30,776

 

27,077

Potential dilution from share-based awards

2,472

2,380

Potential dilution from assumed conversion of warrants

 

 

 

 

182

Weighted-average common and common share equivalents - diluted

 

36,628

 

27,079

 

33,156

 

27,259

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

 

172

 

4,204

 

172

 

3,198