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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share  
Earnings Per Share

For the three months ended

March 31, 

2021

    

2020

    

Net income (loss)

$

19,039

$

(1,390)

Divided by:

 

 

Total weighted average common shares outstanding and common stock equivalents

 

31,604

 

28,853

Basic earnings per common share

$

0.60

$

(0.05)

Diluted earnings per common share (1)

$

0.60

$

(0.05)

Dividend payout ratio

 

35.0

%  

 

N/A

%  

(1)For the three months ended March 31, 2021 and 2020, there were no common stock equivalents and there were no common stock equivalents that were anti-dilutive.