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Earnings Per Share
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following represents a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations contained in the condensed consolidated financial statements:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands, except share and per share amounts)
Net (loss) income to shareholders
$
(25,167
)
 
$
19,581

 
$
17,868

 
$
52,198

 
 
 
 
 
 
 
 
Weighted average common shares outstanding:
 
 
 
 
 
 
 
Basic
30,382,105

 
29,935,216

 
30,230,490

 
29,861,467

Common share equivalents
—

 
444,929

 
428,899

 
428,716

Diluted
30,382,105

 
30,380,145

 
30,659,389

 
30,290,183

 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
Basic
$
(0.83
)
 
$
0.65

 
$
0.59

 
$
1.75

Common share equivalents
—

 
(0.01
)
 
(0.01
)
 
(0.03
)
Diluted
$
(0.83
)
 
$
0.64

 
$
0.58

 
$
1.72


Common share equivalents relate to our outstanding equity awards (stock options and restricted share units ("RSUs")). For the three months ended September 30, 2019, common share equivalents of 431,137 were excluded from the calculation of diluted earnings per share as a net loss for the three months ended September 30, 2019 made the effects of all common share equivalents anti-dilutive. For the nine months ended September 30, 2019, all common share equivalents are dilutive. For the three and nine months ended September 30, 2018, common share equivalents of 173,758 and 182,870 shares, respectively, were excluded from the calculations of diluted earnings per share as their effects were anti-dilutive.