Note 6 - Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

6. NET INCOME / (LOSS) PER SHARE

Basic earnings per common share is computed based on our weighted average number of common shares outstanding. Diluted earnings per share is 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.

The Company maintained Startek's 2008 Equity Incentive Plan (see Note 11, "Share-based compensation and employee benefit plans" for more information).

For the year ended December 31, 2022 and 2021 the following number of shares were used in the computation of basic and diluted earnings per share calculation (in thousands):

	Year Ended December 31,
	2022		2021
Shares used in basic earnings per share calculation		40,305		40,719
Effect of dilutive securities:
Stock options		-		367
Total effects of dilutive securities		-		367
Shares used in dilutive earnings per share calculation		40,305		41,086

For the year ended December 31, 2022 and 2021 the following number of shares were not included in the computation of basic and diluted earnings per share as their effect would have been anti-dilutive (in thousands):

	Year Ended December 31,
	2022		2021
Anti-dilutive securities
Stock options		2,533		79
		2,533		79