Earnings per share
|6 Months Ended|
Jun. 30, 2021
|Earnings Per Share [Abstract]|
|Earnings per share||Earnings per share
Basic Earnings Per Share (“EPS”) is calculated by dividing net income by the weighted average of our ordinary shares outstanding, which excludes 5,254,512 and 2,087,383 shares of unvested restricted stock as of June 30, 2021 and 2020, respectively. For the calculation of diluted EPS, the weighted average of our ordinary shares outstanding for basic EPS is adjusted by the effect of dilutive securities provided under our equity compensation plans. The number of shares excluded from diluted shares outstanding was 152,446 and 985,779 for the three and six months ended June 30, 2021, and 1,160,197 and 247,802 for the three and six months ended June 30, 2020, respectively, because the effect of including these shares in the calculation would have been anti-dilutive.
Basic and diluted EPS for the three and six months ended June 30, 2021 and 2020 were as follows:
Ordinary shares outstanding, excluding shares of unvested restricted stock, as of June 30, 2021 and December 31, 2020 were as follows:
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef