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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2020
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,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(In thousands)

 

Weighted average common shares outstanding – basic

 

 

35,049

 

 

 

35,559

 

 

 

35,255

 

 

 

35,827

 

Dilutive effect of common stock awards

 

 

200

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average common shares outstanding – diluted

 

 

35,249

 

 

 

35,559

 

 

 

35,255

 

 

 

35,827

 

 

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the three and nine months ended September 30, 2020 and 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,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

(In thousands)

 

Director stock awards

 

 

-

 

 

 

39

 

 

 

45

 

 

 

37

 

Stock options

 

 

-

 

 

 

170

 

 

 

122

 

 

 

200

 

Performance share units

 

 

9

 

 

 

298

 

 

 

276

 

 

 

298

 

Restricted stock awards

 

 

7

 

 

 

332

 

 

 

326

 

 

 

343