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Earnings Per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share

Earnings Per Share

17. Earnings Per Share

​

The following table sets forth the computation of earnings per share of common stock:

​

​	​	​	​	​	​	​	​	​	​
​	​	Year ended December 31,
​		2022			2021			2020
​		(in thousands, except shares and per share data)
Net income	​	$	52,170	​	$	45,847	​	$	6,257
Weighted average common shares outstanding:	​	​	​	​	​	​	​	​	​
Basic	​		25,243,397	​		25,459,514	​		24,872,251
Common Share equivalents	​	​	552,611	​	​	652,390	​	​	726,396
Diluted	​	​	25,796,008	​	​	26,111,904	​	​	25,598,647
​	​	​	​	​	​	​	​	​	​
Earnings per share:	​	​	​	​	​	​	​	​	​
Basic	​	$	2.07	​	$	1.80	​	$	0.25
Diluted	​	$	2.02	​	$	1.76	​	$	0.24

​

Common share equivalents relate to outstanding stock options, RSUs, and PSUs under the 2019 Plan and unpurchased shares under the 2019 ESPP and are calculated using the treasury stock method.

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- References

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI https://asc.fasb.org/topic&trid=2144383

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

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