Quarterly report pursuant to Section 13 or 15(d)

Net Income/(Loss) per Common Share (Tables)

v3.21.2
Net Income/(Loss) per Common Share (Tables)
 3 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of reconciliation of the denominators used to calculate basic EPS and diluted EPS
The reconciliations of the denominators used to calculate basic and diluted net income/(loss) per common share for the three months ended June 30, 2021 and 2020, respectively, are as follows:
 Three Months Ended June 30, 2021  Three Months Ended June 30, 2020
Basic net income/(loss) per common share    
Net income/(loss) $ 867  $ (6,085)
Weighted-average common shares outstanding 33,259,804  32,986,451 
Basic net income/(loss) per common share $ 0.03  $ (0.18)

Three Months Ended June 30, 2021 Three Months Ended June 30, 2020
Diluted net income (loss) per common share
Net income/(loss) $ 867  $ (6,085)
Weighted-average common shares outstanding 33,259,804  32,986,451 
Common share equivalents:
Stock options 2,308  — 
Restricted and performance stock units 199,523  — 
Weighted average shares outstanding – dilutive (1)
33,461,635  32,986,451 
Diluted net income/(loss) per common share(2)
$ 0.03  $ (0.18)
(1) For the three months ended June 30, 2021 and 2020, 65,854 and 283,612 equity awards, respectively, were not included in the calculation of diluted net income per common share, as they would have had an anti-dilutive effect.
(2) As the Company incurred a net loss for the three months ended June 30, 2020, there was no dilutive effect on net loss per common share as common share equivalents are antidilutive. Therefore, both basic and diluted net loss per common share were $(0.18) for the three months ended June 30, 2020.