Stockholders' Equity

12 Months Ended

Dec. 31, 2021

Stockholders' Equity [Abstract]

Stockholders' Equity

Note 6.         Stockholders’ Equity

Net Income per Common Share

The following table sets forth the computation of basic and diluted net income per common share:

	Year Ended December 31,
	2021		2020		2019
Net Income	$	41,698	$	61,427	$	9,663
Weighted Average Common Shares Outstanding—Basic		29,041		28,830		28,689
Effect of Dilutive Securities:
Common Stock Equivalents		484		417		104
Weighted Average Common Shares Outstanding—Diluted		29,525		29,247		28,793
Net Income per Common Share—Basic	$	1.44	$	2.13	$	0.34
Net Income per Common Share—Diluted	$	1.41	$	2.10	$	0.34

	As of December 31,
	2021	2020	2019
Stock Options	184	209	604
Restricted Shares	102	118	187

The following have been excluded from the computation of Weighted Average Common Shares Outstanding—Diluted because the effect would be antidilutive:

Stock Repurchase Program

In February of 2022, the Company’s board of directors raised its authorization for the repurchase of up to $50 million of the Company’s common stock. At December 31, 2021, the Company had approximately $14.7 million remaining under previous authorizations. The Company did not purchase any shares under either authorization during the three-years ended December 31, 2021.