XML 35 R21.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computations for Basic and Diluted Earnings (Loss) Per Share

The computations for basic and diluted earnings (loss) per share are as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(shares in thousands)

 

June 30,

 

 

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

11,497

 

 

$

1,181

 

 

$

32,045

 

 

$

(5,826

)

Loss from discontinued operations, net of income taxes

 

 

(3,251

)

 

 

(2,155

)

 

 

(6,631

)

 

 

(4,469

)

Net income (loss)

 

 

8,246

 

 

 

(974

)

 

 

25,414

 

 

 

(10,295

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — basic

 

 

63,605

 

 

 

62,267

 

 

 

63,243

 

 

 

62,041

 

Effect of stock options and restricted stock units

 

 

1,385

 

 

 

 

 

 

1,411

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — diluted

 

 

64,990

 

 

 

62,267

 

 

 

64,654

 

 

 

62,041

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share from continuing operations — basic

 

$

0.18

 

 

$

0.02

 

 

$

0.51

 

 

$

(0.09

)

Earnings (loss) per share from continuing operations — diluted

 

$

0.18

 

 

$

0.02

 

 

$

0.50

 

 

$

(0.09

)

Schedule of Stock Options and Restricted Stock Units Excluded from Diluted Weighted-Average Common Shares

For the three and six months ended June 30, 2018, the following amounts of stock options (“NQSO”) and restricted stock units (“RSU”) were excluded from the diluted weighted-average common shares outstanding as the Company incurred a loss during the period:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(shares in thousands)

 

June 30,

 

 

June 30,

 

 

 

2018

 

 

2018

 

Effect of stock options and restricted stock units

 

 

429

 

 

 

920

 

Schedule of Stock Options and Restricted Stock Units Excluded from Calculation of Anti-Diluted Earnings Per Share

For the three and six months ended June 30, 2019 and 2018 the following amounts of NQSOs and RSUs were excluded from the calculation of diluted earnings per share based on the application of the treasury stock method, as such NQSOs and RSUs were determined to be anti-dilutive:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

(shares in thousands)

 

June 30,

 

 

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Effect of stock options and restricted stock units

 

 

 

 

 

1,495

 

 

 

33

 

 

 

1,524