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Shareholders' equity (Tables)
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Basic and Diluted Earnings Per Common Share Computations

The following table presents the basic and diluted earnings per common share computations:

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

(in thousands, except per share amounts)

2019

 

 

2018

 

 

2019

 

 

2018

 

Net income (loss)

$

1,070

 

 

$

(1,720

)

 

$

(2,841

)

 

$

(4,501

)

Basic net income (loss) earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

57,680

 

 

 

50,597

 

 

 

54,249

 

 

 

50,465

 

Basic net income (loss) per common share:

$

0.02

 

 

$

(0.03

)

 

$

(0.05

)

 

$

(0.09

)

Diluted net income (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

57,680

 

 

 

50,597

 

 

 

54,249

 

 

 

50,465

 

Diluted net income (loss) per common share:

$

0.02

 

 

$

(0.03

)

 

$

(0.05

)

 

$

(0.09

)