(in thousands except per share data)

Three Months Ended

Nine Months Ended

September 30,

2021

2020

2021

2020

Numerators:

Income (loss) from continuing operations

$

16,442

$

4,713

$

40,459

$

(21,540

)

Income from discontinued operations

-

2,788

2,540

4,485

Net income (loss)

$

16,442

$

7,501

$

42,999

$

(17,055

)

Denominator:

Denominator for basic income (loss) per share – weighted-average shares

16,782

17,134

16,832

17,435

Effect of dilutive securities:

Equivalent shares issuable upon conversion of unvested restricted shares

193

133

209

-

Equivalent shares issuable upon conversion of unvested employee stock options

-

Denominator for diluted income (loss) per share adjusted weighted-average shares and assumed conversions

16,975

17,267

17,041

17,435

Basic income (loss) per share:

Income (loss) from continuing operations

$

0.98

$

0.28

$

2.40

$

(1.24

)

Income from discontinued operations

-

0.16

0.15

0.26

Net income (loss) ⁽¹⁾

$

0.98

$

0.44

$

2.55

$

(0.98

)

Diluted income (loss) per share:

Income (loss) from continuing operations

$

0.97

$

0.27

$

2.37

$

(1.24

)

Income from discontinued operations

-

0.16

0.15

0.26

Net income (loss) ⁽¹⁾

$

0.97

$

0.43

$

2.52

$

(0.98

)