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Earnings per share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings per share
Earnings per share

A reconciliation of the components of basic and diluted EPS is presented:
 
 
Three months ended March 31,
(in thousands, except share and per share data)
 
2020
 
2019
Numerator for basic and diluted earnings per share
 
 
 
 
Net income (loss)
 
$
4,917

 
$
(103,540
)
Denominator for basic earnings per share
 
 
 
 
Weighted average common shares
 
45,830,286

 
45,456,214

Denominator for diluted earnings per share (1)
 
 
 
 
Weighted average common shares
 
46,194,495

 
45,456,214

Earnings per share
 
 
 
 
Basic
 
$
0.11

 
$
(2.28
)
Diluted
 
$
0.11

 
$
(2.28
)
Participating securities excluded from earnings per share calculations
 
 
 
 
Unvested restricted stock units - stock settled
 
606,946

 
—

Unvested restricted stock awards
 
1,439,810

 
886,482


____________________________
(1)
Incremental dilutive securities consist of unvested restricted stock and restricted stock units associated with the Company’s deferred compensation plans.