Earnings Per Share

6 Months Ended

Jun. 30, 2022

2.	Earnings per share

Basic earnings per share is computed by dividing net income attributable to common stockholders by the weighted-average number of common shares outstanding during the reporting period. Diluted earnings per share is computed similar to basic earnings per share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock.

The computations for basic and diluted earnings per share are as follows:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2022			2021		2022		2021

Net income (loss)	$	(4,033	)	$	2,105	$	7,024	$	10,919

Weighted-average common shares outstanding — basic		66,071			65,646		65,959		65,458
Effect of stock options and restricted stock units		-			491		521		729

Weighted-average common shares outstanding — diluted		66,071			66,137		66,480		66,187

Earnings (loss) per share — basic	$	(0.06	)	$	0.03	$	0.11	$	0.17
Earnings (loss) per share — diluted	$	(0.06	)	$	0.03	$	0.11	$	0.16

For the three months ended June 30, 2022, 447 stock options and restricted stock units were excluded from the diluted weighted average common shares outstanding because the Company incurred a loss for quarter ended June 30, 2022.