Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Reconciliation

The following table presents a reconciliation of the earnings/(losses) and shares used in calculating basic EPS for the three- and nine-month periods ended September 30, 2021 and 2020:

	Three-Month Period Ended				Nine-Month Period Ended
(In thousands except for share amounts)	September 30, 2021		September 30, 2020		September 30, 2021		September 30, 2020
Numerator:
Net income (loss)	$	860	$	8,118	$	(3,550)	$	12,718
Denominator:
Basic and diluted weighted average shares outstanding	12,921,649		12,323,044		12,567,849		12,359,007
Basic and diluted earnings per share	$	0.07	$	0.66	$	(0.28)	$	1.03