Earnings per Share
|9 Months Ended|
Sep. 30, 2022
|Earnings Per Share [Abstract]|
|Earnings per Share||Earnings per Share
Basic net income per common share is calculated by dividing the income available to common stockholders by the weighted average common shares outstanding during each reporting period. Diluted net income per common share adjusts the weighted average number of common shares outstanding for the potential dilution that could occur if common stock equivalents (stock options, restricted stock units and convertible debt) were exercised or converted into common stock, calculated using the treasury stock method. We had no participating securities during the three and nine months ended September 30, 2022 and 2021.
Common stock equivalents of 93 and 100 for the three months ended September 30, 2022 and 2021, respectively, and 86 and 98 for the nine months ended September 30, 2022 and 2021, respectively, were excluded from the calculation of diluted net income per common share as the effect would have been anti-dilutive.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef