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NET INCOME PER COMMON SHARE

3 Months Ended

Mar. 31, 2023

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE

NOTE 6—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. For the three months ended March 31, 2023 and 2022, 0.1 million and 0.0 million restricted stock units, respectively, have not been considered in the diluted earnings per share calculation, as the effect would be anti-dilutive.      

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The following table sets forth the computation of basic and diluted earnings per share:

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​	​	​	​	​	​	​
​	​	Three Months Ended
​	​	March 31,
​		2023			2022
Basic:	​	​	​	​	​	​
Net income	​	$	3,491	​	$	4,930
Weighted average common shares	​		48,438	​		48,526
Earnings per share	​	$	0.07	​	$	0.10
Diluted:	​	​	​	​	​	​
Net income	​	$	3,491	​	$	4,930
​	​	​	​	​	​	​
Basic weighted average common shares	​		48,438	​		48,526
Potential common shares	​		1,850	​		2,800
Diluted weighted average common shares	​		50,288	​		51,326
Diluted earnings per share	​	$	0.07	​	$	0.10

​

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- 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 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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