Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,					Six Months Ended June 30,
	2020			2019		2020		2019
Net income (loss)	$	(140,611	)	$	94,764	$	17,138	$	(14,872	)
Weighted average common shares outstanding — basic		65,807			54,178		62,023		54,167
Dilutive effect of securities		—			273		295		—
Weighted average common shares outstanding — diluted		65,807			54,451		62,318		54,167
Net income (loss) per common share:
Basic	$	(2.14	)	$	1.75	$	0.28	$	(0.27	)
Diluted	$	(2.14	)	$	1.74	$	0.28	$	(0.27	)
Anti-dilutive potentially issuable securities excluded    from diluted common shares		5,106			3,857		4,732		4,739