Three Months Ended March 31,

2020

2019

$s and shares in thousands, except per share amounts

Basic

Diluted

Basic

Diluted

Net (loss) income

$

(298,086)

$

(298,086)

$

8,043

$

8,043

Weighted average basic shares outstanding

31,305

21,987

Dilutive effect of share-based awards and warrants

—

210

Weighted average diluted shares outstanding

31,305

22,197

(Loss) earnings per share

$

(9.52)

$

(9.52)

$

0.37

$

0.36

Anti-dilutive shares excluded from calculation

4,131

79