Note 5 - Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

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 nine months ended  September 30, 2021 and 2020, the following number of shares were used in the computation of basic and diluted earnings per share calculation (in thousands): 

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Shares used in basic earnings per share calculation		40,788		40,275		40,723		39,143
Effect of dilutive securities:
Stock options		306		351		448		-
Restricted stock/Deferred stock units		-		-		-		-
Total effects of dilutive securities		306		351		448		-
Shares used in dilutive earnings per share calculation		41,094		40,626		41,171		39,143

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 September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Anti-dilutive securities:
Stock options and warrants		48		211		70		2,334