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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of Earnings Per Share The following table reconciles the weighted average basic number of common shares outstanding and the weighted average diluted number of common shares outstanding for the purpose of calculating basic and diluted earnings per share:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(In thousands)

 

Weighted average common shares outstanding - basic

 

 

35,559

 

 

 

37,119

 

 

 

35,827

 

 

 

37,349

 

Dilutive effect of common stock awards

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average common shares outstanding – diluted

 

 

35,559

 

 

 

37,119

 

 

 

35,827

 

 

 

37,349

 

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

 

For the three and nine months ended September 30, 2019, the Company has excluded the following common stock options and awards because their impact on the income/(loss) per share is anti-dilutive (in thousands on a weighted average basis):

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(In thousands)

 

Director stock awards

 

 

39

 

 

 

11

 

 

 

37

 

 

 

9

 

Stock options

 

 

170

 

 

 

181

 

 

 

200

 

 

 

196

 

Performance share units

 

 

298

 

 

 

126

 

 

 

298

 

 

 

90

 

Restricted stock awards

 

 

332

 

 

 

172

 

 

 

343

 

 

 

125