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Earnings (Loss) Per Share (Tables)
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Calculation of Earnings Per Share
Earnings (loss) per share was calculated as follows:
 
Three Months Ended March 31,
(In thousands, except per-share amounts)
2020
 
2019
BASIC
 
 
 
Net income (loss)
$
5,846

 
$
(1,005
)
Weighted-average common shares outstanding
13,960

 
13,827

Basic earnings (loss) per share
$
0.42

 
$
(0.07
)
 
 
 
 
DILUTED
 
 
 
Net income (loss)
$
5,846

 
$
(1,005
)
Weighted-average common shares outstanding for basic
13,960

 
13,827

Dilutive effect of stock options, restricted stock and common stock warrants
251

 
—

Weighted-average common shares outstanding on a diluted basis
14,211

 
13,827

Diluted earnings (loss) per share
$
0.41

 
$
(0.07
)
Securities Excluded from the Computation of Diluted Earnings (Loss) Per Common Share
The following number of stock options, shares of restricted stock and common stock warrants were excluded from the computation of diluted earnings per common share as their inclusion would have been anti-dilutive:
 
Three Months Ended March 31,
(In thousands)
2020
 
2019
Stock options
402

 
543

Restricted stock awards
51

 
227

Performance-based warrants
275

 
175