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Earnings Per Share
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands, except per share data)2022202120222021
Numerator:  
Net income$11,057 $2,886 $21,317 $3,980 
Denominator:  
Denominator for basic earnings per share - weighted average shares
10,244 9,233 10,226 9,212 
Effect of dilutive securities:  
Employee stock options and stock grants187 98 151 103 
Denominator for diluted earnings per share - weighted average shares
10,431 9,331 10,377 9,315 
Net income per share:
Basic$1.08 $0.31 $2.08 $0.43 
Diluted$1.06 $0.31 $2.05 $0.43 
The diluted earnings per share calculations exclude the effect of potentially dilutive shares when the inclusion of those shares in the calculation would have an anti-dilutive effect. The Company had 0.1 million shares of common stock that were anti-dilutive for the three months ended June 30, 2022. The Company had an insignificant number of shares that were anti-dilutive for the six months ended June 30, 2022. The Company had 0.2 million shares of common stock that were anti-dilutive for both the three and six months ended June 30, 2021.