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INCOME (LOSS) PER COMMON SHARE
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
INCOME (LOSS) PER COMMON SHARE INCOME PER COMMON SHARE
Basic income per common share has been computed by dividing net income by the weighted-average number of shares of the Company’s common stock outstanding during the relevant period. Diluted income per common share adjusts net income and basic income per common share for the effect of all potentially dilutive shares of the Company’s common stock. Anti-dilutive securities are not included in the computation of diluted earnings per share under the treasury stock method.
The calculations of basic and diluted income per common share for the three months ended March 31, 2022 and 2021 are as follows:
Three Months Ended
March 31,
20222021
(in thousands, except per share amounts)
Net income – Basic and Diluted
$380 $3,067 
Weighted-average shares outstanding – Basic 21,755 21,086 
Effect of dilutive securities:
        Stock options and other stock awards
393 685 
Weighted-average shares outstanding – Diluted22,148 21,771 
Basic income per common share
$0.02 $0.15 
Diluted income per common share
$0.02 $0.14 
Antidilutive Securities(1)
430421
(1) Stock options and other stock awards that have been excluded from the denominator as their inclusion would have been anti-dilutive.