Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Reconciliation of Basic and Diluted Earnings Per Share

The following is a reconciliation of the basic and diluted earnings per share computation.

	Year Ended December 31,
	2019		2018			2017
	(In thousands, except per share amounts)
Net income (loss)	$	1,720	$	(95,695	)	$	(100,639	)
Weighted average basic common shares outstanding		35,839		37,075			37,457
Effect of dilutive securities - stock options and awards		313		-			-
Total shares and dilutive securities		36,152		37,075			37,457
Basic income (loss) per common share	$	0.05	$	(2.58	)	$	(2.69	)
Diluted income (loss) per common share	$	0.05	$	(2.58	)	$	(2.69	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the years ended December 31, 2019, 2018 and 2017, the Company has excluded the following common stock options and awards because their impact on the loss per share is anti-dilutive (in thousands on a weighted average basis):

	Year Ended December 31,
	2019		2018		2017
	(In thousands)
Director stock awards		6		9		8
Stock options		185		6		21
Performance share units		15		169		160
Restricted stock awards		46		240		186