XML 31 R21.htm IDEA: XBRL DOCUMENT
v3.21.2

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 30, 2021
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | EARNINGS PER SHARE The following table sets forth the computation of the basic and diluted earnings per share (in thousands, except per share data):
| Three months ended September 30, |  | Nine months ended September 30,
| 2020 |  | 2021 |  | 2020 |  | 2021
Numerator for basic and diluted earnings per share: |  |  |  |  |  |  |
Net income | $ | 5,525 |  |  | $ | 13,046 |  |  | $ | 7,725 |  |  | $ | 19,812 |
Less: Earnings allocated to unvested restricted stock | (14) |  |  | (18) |  |  | (23) |  |  | (33) |
Income attributable to common stockholders | $ | 5,511 |  |  | $ | 13,028 |  |  | $ | 7,702 |  |  | $ | 19,779 |
Denominator: |  |  |  |  |  |  |
Denominator for basic earnings per common share - weighted average shares outstanding | 17,895 |  |  | 17,499 |  |  | 17,853 |  |  | 17,809 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options | 34 |  |  | 235 |  |  | 39 |  |  | 277 |
Convertible Notes | 3 |  |  | — |  |  | 1 |  |  | — |
Performance awards | — |  |  | 512 |  |  | — |  |  | 279 |
Denominator for diluted earnings per common share - weighted average shares outstanding | 17,932 |  |  | 18,246 |  |  | 17,893 |  |  | 18,365 |
Basic earnings per common share: | $ | 0.31 |  |  | $ | 0.74 |  |  | $ | 0.43 |  |  | $ | 1.11 |
Diluted earnings per common share: | $ | 0.31 |  |  | $ | 0.71 |  |  | $ | 0.43 |  |  | $ | 1.08 |
For the three and nine months ended September 30, 2021, no stock options were excluded from the computation of diluted earnings per share. For the three and nine months ended September 30, 2020 there were 765,722 and 848,513 stock options, respectively, excluded from the computation of diluted earnings per share because the inclusion of such stock options would result in an antidilutive effect. Our performance awards are considered to be contingently issuable shares because their issuance is contingent upon the satisfaction of certain performance and service conditions. At September 30, 2021, we had satisfied certain performance criteria for the first and second predetermined growth targets of our performance awards to be considered outstanding. Therefore, we included these awards in the computation of diluted earnings per share as of the beginning of the reporting period.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 http://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 http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://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 http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration