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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Reconciliation of the Weighted Average Number of Common Shares Outstanding

A reconciliation of the weighted average number of common shares outstanding (in thousands) is as follows. The dilutive effect of stock options and RSUs are excluded for periods in which the impact is anti-dilutive and when the Company has a net loss because the impact is also anti-dilutive.

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

Common shares outstanding, beginning of the period

 

12,797

 

 

 

12,727

 

 

Weighted average common shares issued

 

-

 

 

 

12

 

 

Weighted average number of common shares outstanding

 

12,797

 

 

 

12,739

 

 

Dilutive effect of common share equivalents

 

-

 

 

 

-

 

 

Diluted weighted average number of common shares outstanding

 

12,797

 

 

 

12,739

 

 

 

Common Stock Equivalents Excluded From the Calculation of Earnings Per Share

Common stock equivalents (in thousands) that have been excluded from the calculation of earnings per share because they would have been anti-dilutive:
 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

Stock options

 

138

 

 

 

213

 

 

Restricted stock units

 

38

 

 

 

63