XML 27 R15.htm IDEA: XBRL DOCUMENT v3.21.2
NET LOSS PER SHARE
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
NET LOSS PER SHARE NET EARNINGS (LOSS) PER SHAREWe compute net earnings (loss) per share based on the weighted average number of common shares outstanding for the period. Diluted net earnings (loss) per share reflects the maximum dilution that would have resulted from incremental common shares issuable upon the exercise of stock options. We compute the number of common share equivalents, which includes stock options, using the treasury stock method. We have excluded stock options and restricted stock units of approximately 2,014 and 2,040 for the three and nine months ended September 30, 2021, respectively, and 1,859 and 2,063 shares for the three and nine months ended September 30, 2020, respectively, from the computation of the diluted shares because the effect of including the stock options and restricted stock units would have been anti-dilutive.
The following table sets forth the computation of basic and diluted net earnings (loss) per common share for the three and nine months ended September 30, 2021 and September 30, 2020 (in thousands, except per share amounts):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Basic:
Net income (loss)$5,328 $(4,759)$7,494 $(10,470)
Weighted-average shares of common stock outstanding19,182 15,873 19,083 15,793 
Basic earnings (loss) per share$0.28 $(0.30)$0.39 $(0.66)
Diluted:
Net income (loss)$5,328 $(4,759)$7,494 $(10,470)
Weighted-average shares of common stock outstanding19,330 15,873 19,243 15,793 
Diluted earnings (loss) per share$0.28 $(0.30)$0.39 $(0.66)