Income (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Summary of Computation of Basic and Diluted Income (Loss) Per Share

The following table presents the computation of the Company’s basic and diluted income (loss) per share were as follows (in thousands, except for the per share amounts):

	Three Months Ended March 31,
	2020		2019
Net income (loss)	$	157,749	$	(109,636	)
Weighted average common shares outstanding — basic		58,240		54,156
Dilutive effect of securities		332		—
Weighted average common shares outstanding — diluted		58,572		54,156
Net income (loss) per common share:
Basic	$	2.71	$	(2.02	)
Diluted	$	2.69	$	(2.02	)
Anti-dilutive potentially issuable securities excluded    from diluted common shares		4,358		4,762