Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.22.1
Earnings Per Share
 3 Months Ended
Mar. 31, 2022
Earnings Per Share  
Earnings Per Share

11.   Earnings Per Share

The following table reconciles the numerators and denominators used in computations of the basic and diluted EPS for the three months ended March 31, 2022 and March 31, 2021:

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​

​

​

​

​

​

​

​

​

Three Months Ended

​

​

March 31, 

​

​

2022

​

2021

Numerator:

    

​

  

    

​

  

Net Income (basic and diluted)

​

$

4,579

​

$

5,644

Denominator:

​

 

​

​

 

​

Weighted-average common shares outstanding

​

 

162,612

​

 

125,112

Dilutive effect of share-based awards

​

 

7,827

​

 

8,466

Weighted-average dilutive shares outstanding

​

 

170,439

​

 

133,578

Basic earnings per share

​

$

0.03

​

$

0.05

Diluted earnings per share

​

$

0.03

​

$

0.04

​

Approximately 4.9 million and 4.4 million weighted average shares issuable under stock-based awards were not included in the diluted EPS calculation in the three months ended March 31, 2022 and March 31, 2021, respectively, because they were antidilutive.