Annual report pursuant to Section 13 and 15(d)

Earnings (Loss) Per Share (Tables)

v3.22.0.1
Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings (Loss) Per Share  
Schedule of computation of basic and diluted earnings (loss) per share

2021

2020

2019

Basic earnings (loss) per common share

Net income (loss)

$

30,691

$

(86,553)

$

49,166

Less income allocated to participating securities

503

-

639

Net income (loss) allocated to common shareholders

$

30,188

$

(86,553)

$

48,527

Weighted average common shares outstanding

22,954,523

22,846,467

22,779,057

$

1.31

$

(3.81)

$

2.13

Earnings (loss) per common share assuming dilution

Net income (loss)

$

30,691

$

(86,553)

$

49,166

Less income allocated to participating securities

503

-

639

Net income (loss) allocated to common shareholders

$

30,188

$

(86,553)

$

48,527

Weighted average common shares outstanding

22,954,523

22,846,467

22,779,057

Incremental shares applicable to stock based compensation

10,209

-

34,654

Weighted average common shares assuming dilution

22,964,732

22,846,467

22,813,711

$

1.29

$

(3.81)

$

2.11