Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.22.0.1
Earnings Per Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share NOTE 12. EARNINGS PER SHARE Basic earnings per share is computed by dividing earnings by the weighted average number of common shares outstanding during each period. Diluted earnings per share is computed by dividing earnings by the total of the weighted average number of shares of common stock outstanding during each period, plus the effect of dilutive outstanding stock options and unvested restricted stock grants. Potentially dilutive securities are excluded from the computation of diluted earnings per share if their effect is anti-dilutive to the loss from continuing operations. The following table is a reconciliation of basic and diluted shares of common stock outstanding used in the calculation of earnings per share: Year Ended December 31, 2021 2020 2019 Weighted average shares outstanding - basic 33,136 30,175 29,820Effect of dilutive stock awards 2,509 1,050 1,173Effect of dilutive deferred stock consideration for business acquisition 41 - -Weighted average shares outstanding - diluted 35,686 31,225 30,993 Net income per share: Basic$ 0.79 $ 0.18 $ 0.64Diluted 0.73 0.18 0.61   For the years ended December 31, 2021, 2020, and 2019, equity awards of 509, 868, and 702, respectively, were outstanding and anti-dilutive and therefore not included in the calculation of net income per share for these periods.