Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
	(in thousands except per share amounts)
Basic EPS calculation
Net (loss) income	$	(64,901)	$	31,972	$	(180,201)	$	(2,126)
Weighted-average shares of common stock outstanding	79,795		81,519		79,702		82,061
Basic (loss) earnings per share	$	(0.81)	$	0.39	$	(2.26)	$	(0.03)
Diluted EPS calculation
Net (loss) income	$	(64,901)	$	31,972	$	(180,201)	$	(2,126)
Weighted-average shares of common stock outstanding	79,795		81,519		79,702		82,061
Dilutive effect of potentially dilutive securities(1)	—		164		—		—
Weighted-average common shares outstanding - diluted	79,795		81,683		79,702		82,061
Diluted (loss) earnings per share	$	(0.81)	$	0.39	$	(2.26)	$	(0.03)

__________

(1) No potentially dilutive securities were included in computing diluted (loss) earnings per share for the three and six months ended June 30, 2020 and six months ended June 30, 2019, because the effect of inclusion would have been anti-dilutive.