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NET INCOME PER COMMON SHARE

12 Months Ended

Dec. 31, 2021

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE

NOTE 5—NET INCOME PER COMMON SHARE

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Basic earnings per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that would share in the net income of the Company.  

The following tables set forth the computation of basic and diluted earnings per share:

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​	​	​	​	​	​	​
​	​	Year Ended
​	​	December 31,
​		2021			2020
Basic:	​	​	​	​	​	​
Net income	​	$	15,529	​	$	2,755
Weighted average common shares	​		48,638	​		47,717
Earnings per share	​	$	0.32	​	$	0.06
Diluted:	​	​	​	​	​	​
Net income	​	$	15,529	​	$	2,755
​	​	​	​	​	​	​
Basic weighted average common shares	​		48,638	​		47,717
Potential common shares	​		3,118	​		2,255
Diluted weighted average common shares	​		51,756	​		49,972
Diluted earnings per share	​	$	0.30	​	$	0.06

​

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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
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-Section 50
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-Subparagraph (c)
-URI http://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 http://asc.fasb.org/topic&trid=2144383

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

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