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Note 5 - Net Gain (Loss) Per Share
6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Earnings Per Share [Text Block]

5. NET GAIN / (LOSS) PER SHARE

 

Basic earnings per common share are computed based on our weighted average number of common shares outstanding. Diluted earnings per share are computed based on our weighted average number of common shares outstanding plus the effect of dilutive stock options, non-vested restricted stock, and deferred stock units, using the treasury stock method. 

 

When a net loss is reported, potentially issuable common shares are excluded from the computation of diluted earnings per share as their effect would be anti-dilutive.

 

For three and six months ended June 30, 2021 and 2020, the following number of shares were used in the computation of basic/diluted earnings per share calculation (in thousands): 

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2021

  

2020

  

2021

  

2020

 

Shares used in basic earnings per share calculation:

  40,786   38,614   40,689   38,571 

Effect of dilutive securities:

  -   -   -   - 

Stock options

  436   -   -   - 

Restricted stock/Deferred stock units

  -   -   -   - 

Total effects of dilutive securities

  436   -   -   - 

Shares used in dilutive earnings per share calculation:

  41,222   38,614   40,689   38,571 

 

The Company always maintained Startek's 2008 Equity Incentive Plan (see Note 10, "Share-based compensation and employee benefit plans" for more information).

 

  

Three Months Ended June 30,

  

Six Months Ended June 30,

 
  

2021

  

2020

  

2021

  

2020

 

Anti-dilutive securities:

                

Stock options

  62   1,948   2,114   1,948