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:

(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