Annual report pursuant to Section 13 and 15(d)

NET INCOME (LOSS) PER COMMON SHARE (Tables)

v3.22.0.1
NET INCOME (LOSS) PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share
Year ended December 31,
2021 2020 2019
(thousands of dollars, except per share amounts)
Net Income per Common Share - Continuing Operations
Net income (loss) from continuing operations $ 4,963  $ 4,966  $ (12,884)
Basic income (loss) from continuing operations per common share:
Weighted average shares outstanding 24,459  24,802  24,698 
Per share amount (dollars) $ 0.20  $ 0.20  $ (0.52)
Diluted income (loss) from continuing operations per common share:
Weighted average shares outstanding 25,081  25,356  24,698 
Per share amount (dollars) $ 0.20  $ 0.20  $ (0.52)
Weighted average shares-denominator
  basic computation
24,459  24,802  24,698 
Unvested restricted stock unit grant 622  554  — 
Weighted average shares, as adjusted
  denominator diluted computation
25,081  25,356  24,698 
Net Income per Common Share - Discontinued Operations
Net income (loss) from discontinued operations $ —  $ 26,209  $ (2,090)
Basic income (loss) from discontinued operations per common share:
Weighted average shares outstanding 24,459  24,802  24,698 
Per share amount (dollars) $ —  $ 1.06  $ (0.08)
Diluted income (loss) from discontinued operations per common share:
Weighted average shares outstanding 25,081  25,356  24,698 
Per share amount (dollars) $ —  $ 1.03  $ (0.08)
Weighted average shares-denominator
  basic computation
24,459  24,802  24,698 
Unvested restricted stock unit grant 622  554  — 
Weighted average shares, as adjusted
  denominator diluted computation
25,081  25,356  24,698 
Net Income per Common Share
Net income (loss) $ 4,963  $ 31,175  $ (14,974)
Basic income (loss) per common share:
Weighted average shares outstanding 24,459  24,802  24,698 
Per share amount (dollars) $ 0.20  $ 1.26  $ (0.60)
Diluted income (loss) per common share:
Weighted average shares outstanding 25,081  25,356  24,698 
Per share amount (dollars) $ 0.20  $ 1.23  $ (0.60)
Weighted average shares-denominator
  basic computation
24,459  24,802  24,698 
Unvested restricted stock unit grant 622  554  — 
Effect of dilutive stock options —  —  — 
Weighted average shares, as adjusted
  denominator diluted computation
25,081  25,356  24,698