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NET INCOME PER COMMON SHARE

12 Months Ended

Dec. 31, 2022

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE

NOTE 5—NET INCOME PER COMMON SHARE

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:

​

​	​	​	​	​	​	​
​	​	Year Ended
​	​	December 31,
​		2022			2021
Basic:	​	​	​	​	​	​
Net income	​	$	19,726	​	$	15,529
Weighted average common shares	​		48,175	​		48,638
Earnings per share	​	$	0.41	​	$	0.32
Diluted:	​	​	​	​	​	​
Net income	​	$	19,726	​	$	15,529
​	​	​	​	​	​	​
Basic weighted average common shares	​		48,175	​		48,638
Potential common shares	​		2,245	​		3,118
Diluted weighted average common shares	​		50,420	​		51,756
Diluted earnings per share	​	$	0.39	​	$	0.30

​

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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 https://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 https://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 https://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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257

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