XML 35 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2020 and 2019 (in thousands, except per share data):

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

3,442

 

 

$

2,401

 

 

$

10,533

 

 

$

7,181

 

Income from discontinued operations

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,194

 

Net income

 

$

3,442

 

 

$

2,401

 

 

$

10,533

 

 

$

8,375

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding

 

 

31,997

 

 

 

32,394

 

 

 

32,166

 

 

 

32,366

 

Effect of dilutive shares

 

 

28

 

 

 

40

 

 

 

25

 

 

 

40

 

Weighted-average diluted shares

 

 

32,025

 

 

 

32,434

 

 

 

32,191

 

 

 

32,406

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.11

 

 

$

0.07

 

 

$

0.33

 

 

$

0.22

 

Discontinued operations

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.04

 

Net income per share - basic

 

$

0.11

 

 

$

0.07

 

 

$

0.33

 

 

$

0.26

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share - diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

0.11

 

 

$

0.07

 

 

$

0.33

 

 

$

0.22

 

Discontinued operations

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.04

 

Net income per share - diluted

 

$

0.11

 

 

$

0.07

 

 

$

0.33

 

 

$

0.26