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Earnings (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table provides a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share:

 

 

Years Ended December 31,

 

 

 

2020

 

 

2019

 

Basic Income Per Share computation:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

3,417

 

 

$

3,750

 

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

18,207,396

 

 

 

17,852,968

 

Net Income per common share - basic

 

 

 

 

 

 

 

 

Net income

 

$

0.19

 

 

$

0.21

 

Diluted Income Per Share computation:

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

18,207,396

 

 

 

17,852,968

 

Restricted shares subject to vesting

 

 

191,392

 

 

 

113,188

 

Performance related awards

 

 

0

 

 

 

191,247

 

Common stock option grants

 

 

0

 

 

 

1,256

 

Total shares

 

 

18,398,788

 

 

 

18,158,659

 

Income per common share - diluted

 

 

 

 

 

 

 

 

Net income

 

$

0.19

 

 

$

0.21