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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2022
EARNINGS PER SHARE  
Schedule of Calculation of Basic and Diluted earnings per share

The calculation of basic and diluted earnings per share for the three months ended March 31, 2022 and 2021 are as follows (in thousands, except per share data):

For the Three Months Ended March 31,

    

2022

    

2021

Basic earnings per share

  

 

  

Net income (loss) available to common stockholders

$

1,377

$

(706)

Basic weighted-average shares outstanding

 

39,765

 

38,321

Basic earnings (loss) per share

$

0.03

$

(0.02)

Diluted earnings per share

 

 

Net income (loss) available to common stockholders

$

1,377

$

(706)

Weighted-average shares outstanding

 

39,765

 

38,321

Effect of dilutive securities - options and restricted stock

 

1,423

 

Diluted weighted-average shares outstanding

 

41,188

 

38,321

Diluted earnings (loss) per share

$

0.03

$

(0.02)