XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.2.2
Net Income Per Common Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Computation of basic and diluted net income per common share:
The computation of basic and diluted net income per common share (in thousands, except for per share data) is as follows:
Three months ended
September 30,
Nine months ended
September 30,
2022202120222021
Net income (loss)$1,319 $(3,312)$7,371 $4,230 
Less: net income allocated to participating securities13 — 122 234 
Net income (loss) available to common shareholders$1,306 $(3,312)$7,249 $3,996 
Weighted average common shares outstanding — basic8,414,000 8,053,000 8,337,000 8,015,000 
Effect of weighted average dilutive securities4,000 — 1,000 32,000 
Weighted average common and potentially issuable common shares outstanding — diluted8,418,000 8,053,000 8,338,000 8,047,000 
Basic net income per common share$0.16 $(0.41)$0.87 $0.50 
Diluted net income per common share$0.16 $(0.41)$0.87 $0.50 
The computation of basic and diluted net income per participating share is as follows (in thousands, except for per share data):
Three months ended
September 30,
Nine months ended
September 30,
2022202120222021
Net income allocated to participating securities$13 $— $122 $234 
Weighted average participating shares outstanding — basic82,000 — 140,000 470,000 
Effect of dilutive securities— — — — 
Weighted average common and potentially issuable common shares outstanding — diluted82,000 — 140,000 470,000 
Basic net income per participating share$0.16 $0.00 $0.87 $0.50 
Diluted net income per participating share$0.16 $0.00 $0.87 $0.50