Note 5 - Net Income (Loss) Per Share

6 Months Ended

Jun. 30, 2022

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 six months ended  June 30, 2022 and 2021, the following number of shares were used in the computation of basic and diluted earnings per share calculation (in thousands): 

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Shares used in basic earnings per share calculation		40,284		40,786		40,311		40,689
Effect of dilutive securities:
Stock options		24		436		55		-
Restricted stock/Deferred stock units		-		-		-		-
Total effects of dilutive securities		24		436		55		-
Shares used in dilutive earnings per share calculation		40,308		41,222		40,366		40,689

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Anti-dilutive securities
Stock options		-		62		-		2,114