Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

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 Company has a net loss because the impact is anti-dilutive.

	Three Months Ended March 31,
	2021		2020
Common shares outstanding, beginning of the period		12,618		12,462
Weighted average common shares issued		-		-
Weighted average number of common shares outstanding		12,618		12,462
Dilutive effect of common share equivalents		-		146
Diluted weighted average number of common shares outstanding		12,618		12,608

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,
	2021		2020
Stock options		15		261