Earnings (Loss) Per Share

9 Months Ended

Sep. 30, 2020

Basic earnings (loss) per share represents net income (loss) for the period divided by the weighted average number of shares of common stock outstanding for the period.

The following are the number of shares of common stock used to compute the basic and diluted earnings (loss) per share for each period:


	Three Months Ended September 30,		Nine Months Ended September 30,
	2020	2019	2020	2019
Weighted average shares used in basic computations	43,206,505	42,988,829	43,152,229	42,969,797
Dilutive effect of stock options and restricted stock units	358,988	519,849	326,213	204,554
Weighted average shares used in diluted computations	43,565,493	43,508,678	43,478,442	43,174,351

For the three and nine months ended September 30, 2020, there were 914,209 and 1,095,469 shares, respectively, not included in the computation of diluted weighted average shares because their effect would have been antidilutive. For the three and nine months ended September 30, 2019, there were 324,495 and 525,012 shares, respectively, not included in the computation of diluted weighted average shares because their effect would have been antidilutive.