Net (Loss) Income Per Common Share

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Net (Loss) Income Per Common Share

Net (Loss) Income Per Common Share

A summary of net (loss) income per common share is presented below:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2020		2019		2020		2019
Net (loss) income	$	(6,386)	$	4,856	$	(10,061)	$	21,217
Basic weighted-average common shares outstanding	66,820		39,123		49,858		38,901
Effect of dilutive stock options	—		85		—		82
Effect of dilutive restricted stock	—		1,078		—		1,140
Diluted weighted-average common shares outstanding	66,820		40,286		49,858		40,123
Basic (loss) income per common share	$	(0.10)	$	0.12	$	(0.20)	$	0.55
Diluted (loss) income per common share	$	(0.10)	$	0.12	$	(0.20)	$	0.53
Antidilutive securities excluded from diluted net (loss) income per common share	2,588		48		1,657		44