Loss per Share

9 Months Ended

Sep. 30, 2020

The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted (loss) earnings per share:


	Net (Loss) Earnings		Weighted Average Shares	(Loss) Earnings Per Share

	(In thousands, except per share amounts)
Three Months Ended September 30, 2020
Basic loss per share	$	(48,749)	35,783	$	(1.36)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Stock options(1)	—		—
Diluted loss per share	$	(48,749)	35,783	$	(1.36)
Three Months Ended September 30, 2019
Basic loss per share	$	(181,602)	35,491	$	(5.12)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Stock options(1)	—		—
Diluted earnings per share	$	(181,602)	35,491	$	(5.12)
Nine Months Ended September 30, 2020
Basic loss per share	$	(277,198)	35,649	$	(7.78)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Stock options(1)	—		—
Diluted loss per share	$	(277,198)	35,649	$	(7.78)
Nine Months Ended September 30, 2019
Basic loss per share	$	(200,163)	35,390	$	(5.66)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Diluted loss per share	$	(200,163)	35,390	$	(5.66)

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(1) No incremental shares of potentially dilutive restricted stock awards, performance share units, warrants or stock options were included for the three and nine-month periods ended September 30, 2020 and 2019, as their effect was antidilutive under the treasury stock method.