Annual report pursuant to Section 13 and 15(d)

Earnings (Loss) Per Share (Tables)

v3.20.4
Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings (Loss) Per Share  
Schedule of computation of basic and diluted earnings (loss) per share

2020

2019

2018

Basic earnings (loss) per common share

Net income (loss)

$

(86,553)

$

49,166

$

43,905

Less income allocated to participating securities

-

639

584

Net income (loss) allocated to common shareholders

$

(86,553)

$

48,527

$

43,321

Weighted average common shares outstanding

22,846,467

22,779,057

22,681,888

$

(3.81)

$

2.13

$

1.91

Earnings (loss) per common share assuming dilution

Net income (loss)

$

(86,553)

$

49,166

$

43,905

Less income allocated to participating securities

-

639

584

Net income (loss) allocated to common shareholders

$

(86,553)

$

48,527

$

43,321

Weighted average common shares outstanding

22,846,467

22,779,057

22,681,888

Incremental shares applicable to stock based compensation

-

34,654

22,968

Weighted average common shares assuming dilution

22,846,467

22,813,711

22,704,856

$

(3.81)

$

2.11

$

1.89