XML 26 R14.htm IDEA: XBRL DOCUMENT v3.21.1
NET (LOSS) INCOME PER SHARE
 3 Months Ended
Mar. 31, 2021
Net Loss per Share  
Net Loss per Share

8. NET (LOSS) INCOME PER SHARE

Basic net (loss) income per share is computed by dividing the net (loss) income by the weighted average shares outstanding. Diluted (loss) income per share is computed by dividing the net (loss) income by the weighted average diluted shares outstanding.

The computation of basic and diluted (loss) income per share (in thousands, except share and per share data) was as follows:

​

​

​

​

​

​

​

​

​

​

Three Months Ended March 31, 

​

    

2021

    

2020

Net (loss) income

​

$

(5,228)

​

$

993

Weighted average common shares outstanding

​

 

​

​

 

​

Basic

​

​

23,478,072

​

​

23,287,410

Dilutive common stock options, restricted stock unit awards and restricted stock awards

​

​

—

​

​

178,241

Diluted

​

​

23,478,072

​

​

23,465,651

Basic (loss) income per share of common stock

​

$

(0.22)

​

$

0.04

Diluted (loss) income per share of common stock

​

$

(0.22)

​

$

0.04

​

The Company had a net loss for the three months ended March 31, 2021. As a result, all stock options, restricted stock unit awards and restricted stock awards were anti-dilutive and excluded from weighted average shares used in determining the diluted loss per share of common stock for that period. The Company had net income for the three months ended March 31, 2020 and had 178,241 dilutive restricted stock unit awards and no dilutive common stock options or restricted stock awards for that period.

The Company had no anti-dilutive stock options, restricted stock unit awards, or restricted stock awards to be excluded from the calculation of diluted (loss) income per share of common stock for the three months ended March 31, 2021 and 2020.