Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies - Earnings Per Share (Tables)

v3.22.0.1
Summary of Significant Accounting Policies - Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
In accordance with this topic, the following table reconciles income and share amounts utilized to calculate basic and diluted net income per common share:
Years Ended December 31,
2021 2020 2019
Numerator (in thousands):
Net income: $ 1,420  $ 17,332  $ 1,361 
Denominator:
Weighted average common shares outstanding:
Basic 20,519,958  20,106,940  19,731,498 
Dilutive effect of common stock equivalents 1,529,701  1,610,276  1,107,898 
Diluted 22,049,659  21,717,216  20,839,396