Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Summary of basic and diluted income (loss) per common share

Basic and diluted earnings (loss) per common share was computed as follows:


	Three Months Ended September 30, 2021					Three Months Ended September 30, 2020
	Net Loss		Average Shares Outstanding	Loss Per Share		Net Loss		Average Shares Outstanding	Loss Per Share
	(in thousands, except share and per share amounts)
Basic	$	(16,051)	30,449,286	$	(0.53)	$	(18,502)	29,849,753	$	(0.62)
Assumed exercise of stock options	—		—	—		—		—	—
Unvested restricted stock and stock units	—		—	—		—		—	—
Diluted	$	(16,051)	30,449,286	$	(0.53)	$	(18,502)	29,849,753	$	(0.62)


	Nine Months Ended September 30, 2021					Nine Months Ended September 30, 2020
	Net Loss		Average Shares Outstanding	Loss Per Share		Net Loss		Average Shares Outstanding	Loss Per Share
	(in thousands, except share and per share amounts)
Basic	$	(48,827)	30,252,670	$	(1.61)	$	(343,573)	29,708,673	$	(11.56)
Assumed exercise of stock options	—		—	—		—		—	—
Unvested restricted stock and stock units	—		—	—		—		—	—
Diluted	$	(48,827)	30,252,670	$	(1.61)	$	(343,573)	29,708,673	$	(11.56)

Schedule of antidilutive securities excluded from computation of earnings per share

The average number of securities that were excluded from diluted earnings (loss) per share that would potentially dilute earnings (loss) per share for the periods in which the Company experienced a net loss were as follows:


	2021	2020
Three months ended September 30,	719,381	723,608
Nine months ended September 30,	692,689	700,417