Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows for the three-month periods ended March 31, 2020 and 2019:

	Three Months Ended March 31,
(In Thousands, Except Share Data)	2020						2019
	Basic			Diluted			Basic		Diluted
Net income (loss)	$	(72,534	)	$	(72,534	)	$	44,521	$	44,521
Weighted-average common shares outstanding	25,014,027			25,014,027			25,130,961		25,130,961
Add dilutive effect of restricted stock unit awards	—			—			—		260,829
Add dilutive effect of stock options	—			—			—		212,478
Weighted-average common shares outstanding	25,014,027			25,014,027			25,130,961		25,604,268
Earnings (loss) per common share	$	(2.90	)	$	(2.90	)	$	1.77	$	1.74
Awards excluded from diluted earnings per share calculation(1)	—			379,282			—		63,897

(1) Outstanding awards that are not "in-the-money" are excluded from the diluted earnings per share calculation because the effect of including them would have been anti-dilutive.