Note 6 - Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2023

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 months ended March 31, 2023 and 2022, the following number of shares were used in the computation of basic and diluted earnings per share calculation (in thousands): 

	Three Months Ended March 31,
	2023		2022
Shares used in basic earnings per share calculation		40,321		40,338
Effect of dilutive securities:
Stock options		-		-
Restricted stock/Deferred stock units		-		-
Total effects of dilutive securities		-		-
Shares used in dilutive earnings per share calculation		40,321		40,338

	Three Months Ended March 31,
	2023		2022
Anti-dilutive securities
Stock options		2,231		3,030