Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Computations of Basic and Diluted Earnings Per Share

The computations of basic and diluted EPS are set forth below:

	For the Years Ended December 31,
	2018			2017				2016
	(in thousands, except per share amounts)
Numerator for basic and diluted EPS — net income (loss)	$	39,222		$	(26,651	)		$	60,762
Denominator for basic EPS — weighted average number of shares	26,813			32,075				32,043
Add — dilutive effect of:
Restricted stock units and Cogent Earnout shares	825		(1)	—			(1)	31		(1)
Denominator for diluted EPS — weighted average number of shares and dilutive securities	27,638			32,075				32,074
Earnings (loss) per share:
Basic EPS	$	1.46		$	(0.83	)		$	1.90
Diluted EPS	$	1.42		$	(0.83	)		$	1.89