Earnings Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Earnings Per Share

5. Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Years ended December 31,
(dollars in thousands, except per share amounts)	2021		2020		2019
Numerator:
Net income	$	5,698	$	7,717	$	11,908
Denominator:
Weighted average common shares	47,412,306		48,184,714		47,695,383
Add effect of dilutive securities:
Stock-based awards	818,132		511,627		616,888
Weighted average common shares assuming dilution	48,230,438		48,696,341		48,312,271
Earnings per share:
Basic	$	0.12	$	0.16	$	0.25
Diluted	$	0.12	$	0.16	$	0.25
Anti-dilutive shares excluded from calculations of diluted earnings per share	974,110		956,303		241,336