Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2019

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 September 30, 2019	Three Months Ended September 30, 2018	Nine Months Ended September 30, 2019	Nine Months Ended September 30, 2018
Basic weighted-average common shares outstanding	50,227,590	49,853,181	50,138,835	49,671,648
Effect of dilutive options, performance stock units and restricted stock	60,714	456,798	—	—
Diluted weighted-average shares outstanding	50,288,304	50,309,979	50,138,835	49,671,648

Amounts that could potentially dilute basic earnings per share

The following represent the number of shares that could potentially dilute basic earnings per share in the future:


	Three Months Ended September 30, 2019	Three Months Ended September 30, 2018	Nine Months Ended September 30, 2019	Nine Months Ended September 30, 2018
Stock-based compensation awards⁽¹⁾:
Stock options	1,028,583	322,158	949,987	322,158
Restricted stock to non-directors	749,510	336,286	624,930	278,289
Restricted stock to directors	—	84,427	—	72,655
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

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