XML 27 R17.htm IDEA: XBRL DOCUMENT v3.22.2.2
(LOSS) EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents (loss) earnings per share for the three and nine months ended September 30, 2022 and 2021:
Three Months Ended September 30,Nine Months Ended September 30,
(shares presented in the table are in thousands)2022202120222021
Net (loss) income$(4,828)$7,192 $12,411 $26,175 
Weighted average shares outstanding - basic10,369 10,979 10,611 10,976 
Dilutive effect of share-based compensation— 143 147 127 
Weighted average shares outstanding - diluted10,369 11,122 10,758 11,103 
Per share information:
Basic (loss) earnings per share$(0.47)$0.66 $1.17 $2.38 
Diluted (loss) earnings per share(0.47)0.65 1.16 2.36 
Average outstanding restricted award shares totaling 1,000 and zero for the three months ended September 30, 2022 and 2021, respectively, and 39,219 and zero for the nine months ended September 30, 2022 and 2021, respectively, were excluded from the computation of earnings per share because the effect was antidilutive. The dilutive effect of share-based compensation in each period above relates principally to restricted stock awards.