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Reconciliation of Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Reconciliation of Loss Per Share  
Schedule of computation of basic and diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

March 31, 

 

 

2020

 

2019

 

Numerator for basic loss per share:

    

 

 

    

 

 

 

Net loss

 

$

(64,731)

 

$

(12,612)

 

 

 

 

 

 

 

 

 

Numerator for diluted loss per share:

 

 

 

 

 

 

 

Net loss

 

$

(64,731)

 

$

(12,612)

 

Interest expense attributable to convertible notes (1)

 

 

 —

 

 

 —

 

Net loss plus interest expense attributable to convertible notes

 

$

(64,731)

 

$

(12,612)

 

 

 

 

 

 

 

 

 

Denominator for basic loss per share (2):

 

 

 

 

 

 

 

Basic weighted average common shares outstanding during the period

 

 

21,228

 

 

21,159

 

 

 

 

 

 

 

 

 

Denominator for diluted loss per share (2):

 

 

 

 

 

 

 

Basic weighted average common shares outstanding during the period

 

 

21,228

 

 

21,159

 

Net effect of dilutive convertible notes (1)

 

 

 —

 

 

 —

 

Net effect of dilutive stock options, DSU’s, RSA's and RSU's (1)

 

 

 —

 

 

 —

 

Diluted weighted average common shares

 

 

21,228

 

 

21,159

 

Net loss per common share:

 

 

 

 

 

 

 

Basic

 

$

(3.05)

 

$

(0.60)

 

Diluted

 

$

(3.05)

 

$

(0.60)

 


(1)

Adjustments to diluted loss per share for the three months ended March 31, 2020 and 2019 were excluded from the calculation, as they were anti-dilutive.

(2)

Number of shares presented in thousands.