Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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 (loss) income per common share:


	Three Months Ended March 31, 2020	Three Months Ended March 31, 2019
Basic weighted-average common shares outstanding	50,525,781	50,042,054
Effect of dilutive options, performance stock units and restricted stock	—	—
Diluted weighted-average shares outstanding	50,525,781	50,042,054

Amounts that could potentially dilute basic earnings per share

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


	Three Months Ended March 31, 2020	Three Months Ended March 31, 2019
Stock-based compensation awards⁽¹⁾:
Stock options	862,945	962,795
Restricted stock to non-directors	592,833	692,947
Restricted stock to directors	—	64,369
Warrants:
Private placement warrants	6,160,000	6,160,000
Public warrants	9,823,072	9,823,072

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