Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings per Share

Schedule of computation of basic and diluted earnings (loss) per share

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2020		2019		2020		2019
Basic loss per common share
Net income (loss)	$	(103,859)	$	25,474	$	(113,945)	$	25,177
Less income allocated to participating securities		-		320		-		328
Net income (loss) allocated to common shareholders	$	(103,859)	$	25,154	$	(113,945)	$	24,849
Weighted average common shares outstanding		22,857,457		22,795,412		22,835,356		22,762,431
	$	(4.55)	$	1.10	$	(5.00)	$	1.09
Loss per common share assuming dilution
Net income (loss)	$	(103,859)	$	25,474	$	(113,945)	$	25,177
Less income allocated to participating securities		-		320		-		328
Net income (loss) allocated to common shareholders	$	(103,859)	$	25,154	$	(113,945)	$	24,849
Weighted average common shares outstanding		22,857,457		22,795,412		22,835,356		22,762,431
Incremental shares applicable to non-participating RSUs		-		34,733		-		32,975
Weighted average common shares assuming dilution		22,857,457		22,830,145		22,835,356		22,795,406
	$	(4.55)	$	1.10	$	(5.00)	$	1.08