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Earnings per share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings per share  
Schedule of calculation of basic and diluted net income per share

 

 

 

 

 

 

 

 

 

Three months ended

 

    

March 31, 

 

 

 

2020

    

 

2019

Numerator:

 

 

 

 

 

 

Net income (loss)

 

$

(16,926)

 

$

21,901

Denominator:

 

 

 

 

 

 

Weighted-average number of shares - basic

 

 

47,988,630

 

 

30,299,650

Dilutive securities - share-based awards

 

 

 —

 

 

1,052,730

Dilutive securities - common stock warrants

 

 

 —

 

 

109,316

Weighted-average number of shares - diluted

 

 

47,988,630

 

 

31,461,696

 

 

 

 

 

 

 

Net income (loss) per share - basic

 

$

(0.35)

 

$

0.72

Net income (loss) per share - diluted

 

$

(0.35)

 

$

0.70