Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of weighted average common shares outstanding

The following is a reconciliation of the weighted-average common shares outstanding used for the computation of basic and diluted net income (loss) per common share:



	Three Months Ended June 30, 2018	Three Months Ended June 30, 2017	Six Months Ended June 30, 2018	Six Months Ended June 30, 2017
Basic weighted-average common shares outstanding	49,864,822	49,670,621	49,814,744	49,941,993
Effect of dilutive options, performance stock units and restricted stock	—	364,722	—	—
Diluted weighted-average shares outstanding	49,864,822	50,035,343	49,814,744	49,941,993

Amounts that could potentially dilute basic earnings per share

The following represents amounts that could potentially dilute basic earnings per share in the future:



(in thousands, except share data)	Three Months Ended June 30, 2018	Three Months Ended June 30, 2017	Six Months Ended June 30, 2018	Six Months Ended June 30, 2017
Stock-based compensation awards⁽¹⁾:
Stock options	613,243	577,500	613,243	921,970
Restricted stock to non-directors	480,323	—	400,546	934,819
Restricted stock to directors	69,495	—	69,018	141,957
Warrants:
Private placement warrants	6,160,000	6,160,000	6,160,000	6,160,000
Public warrants	9,823,072	9,823,072	9,823,072	9,823,072

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(1)	SARs and Phantom Shares are payable in cash so will therefore have no impact on number of shares