Earnings Per Share

6 Months Ended

Jun. 30, 2021

Basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. Shares issued during the period are weighted for the portion of the period that they were outstanding. Our calculation of diluted earnings per common share includes the dilutive effects for an assumed vesting of restricted stock awards. For the three and six months ended June 30, 2021 and 2020, diluted earnings per share does not include an adjustment for the potential dilutive effect of dilutive securities as the effect would have been anti-dilutive due to the Company's net loss. The anitdilutive common stock equivalents excluded from the diluted per share calculation are not material.


	Three months ended June 30,		Six months ended June 30,
	2021	2020	2021	2020
Basic weighted average common shares outstanding	12,702,366	11,041,235	12,391,166	11,020,720
Effect of dilutive shares	—	—	—	—
Diluted weighted average common shares outstanding	12,702,366	11,041,235	12,391,166	11,020,720