Note J - Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended September 30,
In thousands, except per share amounts	2021			2020
Numerator:
Net income (loss)	$	4,404		$	(1,621	)
Less: Preferred stock dividends		125			125
Less: Earnings attributable to participating securities		543			—
Numerator for basic EPS: income (loss) attributable to common stockholders		3,736		$	(1,746	)
Effect of dilutive securities:
Add back: Allocation of earnings to participating securities		543			—
Less: Re-allocation of earnings to participating securities considering potentially dilutive securities		(525	)		—
Numerator for diluted EPS		3,754			(1,746	)
Denominator:
Basic EPS denominator: weighted-average common shares outstanding		6,889			6,523
Diluted EPS denominator		7,162			6,523
Basic income (loss) per Common Share	$	0.54		$	(0.27	)
Diluted income (loss) per Common Share	$	0.52		$	(0.27	)

	Nine Months Ended September 30,
In thousands, except per share amounts	2021			2020
Numerator:
Net Income (loss)	$	13,215		$	(2,738	)
Less: Preferred stock dividend		372			372
Less: Earnings attributable to common stockholders		1,661			—
Numerator for basic EPS: income (loss) attributable to common stockholders		11,182			(3,110	)
Effect of dilutive securities:
Add back: Allocation of earnings to participating securities		1,661			—
Less: Re-allocation of earnings to participating securities considering potentially dilutive securities		(1,578	)		—
Numerator for diluted EPS	$	11,265		$	(3,110	)
Denominator:
Basic EPS denominator: weighted-average common shares outstanding		6,743			6,432
Diluted EPS denominator		7,153			6,432
Basic income (loss) per Common Share	$	1.66		$	(0.48	)
Diluted income (loss) per Common Share	$	1.57		$	(0.48	)