Note 16 - Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

(16) NET INCOME (LOSS) PER SHARE

The following table (in thousands, except per share amounts) sets forth the computation of basic net income (loss) per share:

	Three Months Ended March 31,
	2023		2022
Basic earnings per common share:
Net income (loss) - basic	$	22,051	$	(10,134	)
Weighted average shares outstanding - basic		32,983		30,785
Basic earnings (loss) per common share	$	0.67	$	(0.33	)
The following table (in thousands, except per share amounts) sets forth the computation of diluted net income (loss) per share:
	Three Months Ended March 31,
	2023		2022
Diluted earnings per common share:
Net income (loss) - basic	$	22,051	$	(10,134	)
Add: Convertible Notes interest expense, net of tax		293		-
Net income (loss) - diluted	$	22,344	$	(10,134	)
Weighted average shares outstanding - basic	$	32,983	$	30,785
Add: Dilutive effects of if converted Convertible Notes		3,163		-
Add: Dilutive effects of Restricted Stock Units		594		-
Weighted average shares outstanding - diluted		36,740		30,785
Diluted net income (loss) per share	$	0.61	$	(0.33	)