XML 17 R8.htm IDEA: XBRL DOCUMENT v3.22.1
EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2022
EARNINGS (LOSS) PER SHARE  
Note - 2 Earnings (loss) Per Share

2. EARNINGS (LOSS) PER SHARE

 

Earnings (loss) per share are calculated as follows (in thousands, except earnings per share):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Basic earnings (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$(119 )

 

$2,867

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

5,230

 

 

 

5,202

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$(0.02 )

 

$0.55

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$(119 )

 

$2,867

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

5,230

 

 

 

5,202

 

Dilutive effect of stock options and restricted stock

 

 

 

 

 

8

 

 

 

 

 

 

 

 

 

 

Total weighted average shares outstanding

 

 

5,230

 

 

 

5,210

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

$(0.02 )

 

$0.55

 

 

There was no restricted stock excluded from the diluted earnings per share calculation for the three month periods ended March 31, 2022 and March 31, 2021.