Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share (Tables)

v3.10.0.1
Earnings (Loss) Per Share (Tables)
 6 Months Ended
Jun. 30, 2018
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,
 
2018
 
2017
 
2018
 
2017
Basic earnings (loss) per share:
 
 
 
 
 
 
 
Allocation of earnings:
 
 
 
 
 
 
 
Net income (loss)
$
42,700

 
$
(1,170
)
 
$
98,246

 
$
(6,151
)
Weighted average common shares outstanding
44,737

 
39,500

 
44,700

 
38,506

Basic earnings (loss) per share
$
0.95

 
$
(0.03
)
 
$
2.20

 
$
(0.16
)
 
 
 
 
 
 
 
 
Diluted earnings (loss) per share:
 
 
 
 
 
 
 
Allocation of earnings (loss):
 
 
 
 
 
 
 
Net income (loss)
$
42,700

 
$
(1,170
)
 
$
98,246

 
$
(6,151
)
Weighted average common shares, including dilutive effect (a)
45,059

 
39,500

 
44,977

 
38,506

Diluted earnings (loss) per share
$
0.95

 
$
(0.03
)
 
$
2.18

 
$
(0.16
)
a. 
No incremental shares of potentially dilutive restricted stock awards were included for the three and six months ended June 30, 2017 as their effect was antidulitive under the treasury stock method.