Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

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,
	2020			2019		2018
	(In thousands, except per share amounts)
Net income (loss)	$	(30,768	)	$	1,720	$	(95,695	)
Weighted average basic common shares outstanding		35,260			35,839		37,075
Effect of dilutive securities - stock options and awards		-			313		-
Total shares and dilutive securities		35,260			36,152		37,075
Basic income (loss) per common share	$	(0.87	)	$	0.05	$	(2.58	)
Diluted income (loss) per common share	$	(0.87	)	$	0.05	$	(2.58	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

For the years ended December 31, 2020, 2019 and 2018, 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,
	2020		2019		2018
	(In thousands)
Director stock awards		49		6		9
Stock options		109		185		6
Performance share units		349		15		169
Restricted stock awards		352		46		240