NET (LOSS) INCOME PER SHARE (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of calculation of basic and diluted earnings per common share

The following table reflects the calculation of basic and diluted earnings per common share for the years ended December 31, 2020 and 2019 (in thousands, except for per share amounts):


	Year ended December 31,
	2020		2019
Basic net income (loss) per share
Net loss	$	(28,144)	$	(217,201)
Weighted average common shares outstanding	104,835		70,716
Basic net loss per share	$	(0.27)	$	(3.07)

Diluted net income (loss) per share
Net loss	$	(28,144)	$	(217,201)

Weighted average common shares outstanding	104,835		70,716
Add: effect of dilutive securities	—		—
Denominator for diluted loss per share	104,835		70,716
Diluted net loss per share	$	(0.27)	$	(3.07)

Schedule of antidilutive securities excluded from computation of diluted net income (loss) per share

The following table reflects outstanding potentially dilutive shares of common stock that are not included in the computation of diluted net income (loss) per share because, to do so would be anti-dilutive for the years ended December 31, 2020, and 2019 (in thousands):


	Year ended December 31,
	2020	2019
2.50% Convertible Notes due 2021	1,344	13,895
5.00% Convertible Notes due 2024	6,831	14,895
Stock options and equivalents	10,620	6,486
Total potentially dilutive common shares	18,795	35,276