EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Basic and Dilutive Weighted Average Shares

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

	Year ended December 31,
	2019	2018	2017
	(in thousands)
Basic weighted average common shares outstanding	83,720	83,364	68,789
Effect of dilutive stock-based compensation awards	—	115	—
Effect of dilutive underlying shares of the convertible preferred stock	—	2,692	—
Diluted weighted averages common shares outstanding	83,720	86,171	68,789

Schedule of Awards not Included in Computation of Diluted EPS

For the year ended December 31, 2018, the following awards were not included in the computation of diluted EPS because the impact of applying the treasury stock method was anti-dilutive or because certain conditions have not been met with respect to the Company's performance awards.

Anti-dilutive:
Time-based options and restricted stock awards	2,944
Performance-based restricted stock units	321
Contingently issuable:
Performance-based restricted stock awards with a market condition	281
Total stock-based awards excluded from diluted EPS	3,546

Computations for Basic and Diluted Earnings per Common Share

The computations for basic and diluted earnings per common share are as follows:

	Year ended December 31,
	2019			2018		2017
	(in thousands, except per share data)
(Loss) earnings per common share - Basic
Net (loss) income	$	(35,112	)	$	69,780	$	(150,262	)
Cumulative undeclared convertible preferred stock dividend	18,810			957		—
Net (loss) income attributable to common shareholders	(53,922		)	68,823		(150,262		)
Weighted average common shares outstanding - basic	83,720			83,364		68,789
(Loss) income per common share - basic	$	(0.64	)	$	0.83	$	(2.18	)
(Loss) income per common share - Diluted
Net (loss) income	$	(35,112	)	$	69,780	$	(150,262	)
Cumulative undeclared convertible preferred stock dividend	18,810			—		—
Net (loss) income attributable to common shareholders	(53,922		)	69,780		(150,262		)
Weighted average common shares outstanding - diluted	83,720			86,171		68,789
(Loss) income per common share - diluted	$	(0.64	)	$	0.81	$	(2.18	)