Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share (Tables)

v3.19.2
Earnings (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of earnings per unit
Reconciliations of the components of basic and diluted net income (loss) per common share are presented in the table below (in thousands, except per share data):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Basic earnings (loss) per share:
 
 
 
 
 
 
 
Allocation of earnings (loss):
 
 
 
 
 
 
 
Net (loss) income
$
(10,889
)
 
$
42,700

 
$
17,444

 
$
98,246

Weighted average common shares outstanding
45,003

 
44,737

 
44,966

 
44,700

Basic (loss) earnings per share
$
(0.24
)
 
$
0.95

 
$
0.39

 
$
2.20

 
 
 
 
 
 
 
 
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
Allocation of earnings (loss):
 
 
 
 
 
 
 
Net (loss) income
$
(10,889
)
 
$
42,700

 
$
17,444

 
$
98,246

Weighted average common shares, including dilutive effect(a)
45,003

 
45,059

 
45,060

 
44,977

Diluted (loss) earnings per share
$
(0.24
)
 
$
0.95

 
$
0.39

 
$
2.18


a.
No incremental shares of potentially dilutive restricted stock awards were included for the three months ended June 30, 2019 as their effect was antidilutive under the treasury stock method.