Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2019

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,
	2019			2018			2017
	(in thousands, except per share amounts)
Numerator for basic and diluted EPS — net income (loss)	$	10,978		$	39,222		$	(26,651)
Denominator for basic EPS — weighted average number of shares	24,025			26,813			32,075
Add — dilutive effect of:
Restricted stock units and Cogent Earnout shares	247		(1)	825		(1)	—		(1)
Denominator for diluted EPS — weighted average number of shares and dilutive securities	24,272			27,638			32,075
Earnings (loss) per share:
Basic EPS	$	0.46		$	1.46		$	(0.83)
Diluted EPS	$	0.45		$	1.42		$	(0.83)