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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Schedule of Earnings Per Share The following table reconciles the weighted average basic number of common shares outstanding and the weighted average diluted number of common shares outstanding for the purpose of calculating basic and diluted earnings per share:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(In thousands)

 

 

 

 

 

 

 

Weighted average common shares outstanding – basic

 

 

33,948

 

 

 

35,387

 

 

 

34,304

 

 

 

35,386

 

Dilutive effect of common stock awards

 

 

284

 

 

 

-

 

 

 

276

 

 

 

-

 

Weighted average common shares outstanding – diluted

 

 

34,232

 

 

 

35,387

 

 

 

34,580

 

 

 

35,386

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the three and nine months ended September 30, 2022 and 2021, the Company has excluded the following common stock options and awards because their impact on the income/(loss) per share is anti-dilutive (in thousands on a weighted average basis):

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(In thousands)

 

 

 

 

 

 

 

Director stock awards

 

 

1

 

 

 

63

 

 

 

-

 

 

 

60

 

Stock options

 

 

-

 

 

 

54

 

 

-

 

 

 

56

 

Performance share units

 

 

-

 

 

 

323

 

 

 

-

 

 

 

328

 

Restricted stock awards

 

 

2

 

 

 

477

 

 

 

1

 

 

 

479