EARNINGS PER SHARE

The following table represents the Company's basic and dilutive weighted-average shares:



	Three months ended September 30,		Nine months ended September 30,
	2018	2017	2018	2017
	(in thousands)
Basic weighted average shares	83,412	68,354	83,326	68,296
Effect of dilutive stock-based compensation awards	—	215	105	115
Diluted weighted average shares	83,412	68,569	83,431	68,411

For the three months and nine months ended September 30, 2018 and 2017, the following awards were not included in the computation of diluted EPS because the effect of doing so would be anti-dilutive or because certain conditions have not been met with respect to the Company's performance awards.



	Three months ended September 30,		Nine months ended September 30,
	2018^(*)	2017	2018	2017
	(in thousands)
Anti-dilutive:
Time-based options and restricted stock awards	3,076	2,381	3,022	2,179
Performance-based restricted stock awards	1,241	—	1,013	—
Performance-based restricted stock awards with a market condition	294	—	—	—
Contingently issuable:
Performance-based restricted stock awards	—	62	—	67
Performance-based restricted stock awards with a market condition	—	387	308	416
Total stock-based awards excluded from diluted EPS	4,611	2,830	4,343	2,662

(*) For the quarter ended September 30, 2018, all 4.6 million outstanding stock-based awards were excluded from the computation of diluted EPS because the Company was in a net loss position and as a result, inclusion of the awards would have been anti-dilutive.

The Company has applied the if-converted method to calculate dilution on the Notes in the nine months ended September 30, 2018, which has resulted in all 2.9 million underlying convertible shares being anti-dilutive. The treasury stock method was used in the prior year periods, which also resulted in the underlying shares being anti-dilutive.