Earnings (Loss) Per Share

9 Months Ended

Sep. 30, 2020

Reconciliations of the components of basic and diluted net income (loss) per common share are presented in the table below (in thousands, except per share data):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Basic earnings (loss) per share:
Allocation of earnings (loss):
Net income (loss)	$	3,430	$	(35,709)	$	(95,746)	$	(18,265)
Weighted average common shares outstanding	45,764		45,020		45,603		44,984
Basic earnings (loss) per share	$	0.07	$	(0.79)	$	(2.10)	$	(0.41)

Diluted earnings (loss) per share:
Allocation of earnings (loss):
Net income (loss)	$	3,430	$	(35,709)	$	(95,746)	$	(18,265)
Weighted average common shares, including dilutive effect(a)	46,571		45,020		45,603		44,984
Diluted earnings (loss) per share	$	0.07	$	(0.79)	$	(2.10)	$	(0.41)

a. No incremental shares of potentially dilutive restricted stock awards were included for the nine months ended September 30, 2020 and three and nine months ended September 30, 2019 as their effect was antidilutive under the treasury stock method.