Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(in thousands except per share amounts)
Basic EPS calculation
Net (loss) income	$	(18,864)	$	52,649	$	(199,065)	$	50,523
Weighted-average shares of common stock outstanding	79,879		80,982		79,776		81,703
Basic (loss) earnings per share	$	(0.24)	$	0.65	$	(2.50)	$	0.62
Diluted EPS calculation
Net (loss) income	$	(18,864)	$	52,649	$	(199,065)	$	50,523
Weighted-average shares of common stock outstanding	79,879		80,982		79,776		81,703
Dilutive effect of potentially dilutive securities(1)	—		69		—		145
Weighted-average common shares outstanding - diluted	79,879		81,051		79,776		81,848
Diluted (loss) earnings per share	$	(0.24)	$	0.65	$	(2.50)	$	0.62

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