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Earnings Per Share
 3 Months Ended
Mar. 31, 2020
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
March 31,
 
2020
 
2019
 
(in thousands, except share and per share amounts)
Net (loss) income to shareholders
$
(36,815
)
 
$
22,728

 
 
 
 
Weighted average common shares outstanding:
 
 
 
Basic
30,476,307

 
30,059,398

Common share equivalents
—

 
412,906

Diluted
30,476,307

 
30,472,304

 
 
 
 
(Loss) earnings per share:
 
 
 
Basic
$
(1.21
)
 
$
0.76

Common share equivalents
—

 
(0.01
)
Diluted
$
(1.21
)
 
$
0.75


For the three months ended March 31, 2020 and 2019, common share equivalents of 309,443 and 171,509 shares, respectively, were excluded from the calculations of diluted earnings per share as their effects were anti-dilutive.