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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2021
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,

 

 

 

2021

 

 

2020

 

Basic Income Per Share computation:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net income

 

$

153

 

 

$

3,417

 

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

18,017,006

 

 

 

18,207,396

 

Net Income per common share - basic

 

 

 

 

 

 

 

 

Net income

 

$

0.01

 

 

$

0.19

 

Diluted Income Per Share computation:

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Common shares outstanding

 

 

18,017,006

 

 

 

18,207,396

 

Restricted shares subject to vesting

 

 

104,798

 

 

 

191,392

 

Total shares

 

 

18,121,804

 

 

 

18,398,788

 

Income per common share - diluted

 

 

 

 

 

 

 

 

Net income

 

$

0.01

 

 

$

0.19