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Earnings Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

19.

Earnings Per Share

 

 

The following table summarizes our net income (loss) and the number of common shares used in the computation of basic and diluted income (loss) per common share, which includes the weighted average number of common shares outstanding and the effect of dilutive potential common shares, if any.

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

(Amounts in thousands, except per share amounts)

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

2,455

 

 

$

(34,816

)

 

$

6,164

 

 

$

(33,702

)

Earnings allocated to unvested participating securities

 

 

(18

)

 

 

(18

)

 

 

(37

)

 

 

(36

)

Numerator for income (loss) per common share - basic

   and diluted

 

$

2,437

 

 

$

(34,834

)

 

$

6,127

 

 

$

(33,738

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic income (loss) per common share -

   weighted average shares

 

 

234,330

 

 

 

240,336

 

 

 

233,877

 

 

 

240,324

 

Effect of dilutive stock-based compensation plans (1)

 

 

26

 

 

 

-

 

 

 

31

 

 

 

-

 

Denominator for diluted income (loss) per common share -

   weighted average shares

 

 

234,356

 

 

 

240,336

 

 

 

233,908

 

 

 

240,324

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per common share - basic and diluted

 

$

0.01

 

 

$

(0.14

)

 

$

0.03

 

 

$

(0.14

)

 

(1)

The effect of dilutive securities excludes 26,812  and 27,846 weighted average share equivalents for the three months ended June 30, 2019 and 2018, respectively, and 27,180 and 27,730 weighted average share equivalents for the six months ended June 30, 2019 and 2018, respectively, as their effect was anti-dilutive.