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Earnings Per Share
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

 

7.

EARNINGS PER SHARE

The following table sets forth the details of basic and diluted earnings per share (“EPS”) from continuing operations:

 

 

 

Three months ended

March 31

 

In thousands, except per share

 

2020

 

 

 

2019

 

Income from continuing operations

 

$

7,406

 

 

 

$

4,603

 

Weighted average common shares

 

 

 

 

 

 

 

 

 

outstanding used in basic EPS

 

 

44,275

 

 

 

 

44,027

 

Effect of dilutive SOSARs,

 

 

 

 

 

 

 

 

 

PSAs and RSUs

 

 

255

 

 

 

 

252

 

Weighted average common shares

 

 

 

 

 

 

 

 

 

outstanding and common share

 

 

 

 

 

 

 

 

 

equivalents used in diluted EPS

 

 

44,530

 

 

 

 

44,279

 

 

 

 

 

 

 

 

 

 

 

Earnings per share from continuing operations

 

 

 

 

 

 

 

 

 

Basic

 

$

0.17

 

 

 

$

0.10

 

Diluted

 

 

0.17

 

 

 

 

0.10

 

 

 

The numerator used to compute income per share from discontinued operations was $0.683 million for the first quarter 2019. The denominator used to compute per share amounts of loss from discontinued operations is the same as the denominator used for per share amounts of income from continuing operations.

The following table sets forth potential common shares outstanding that were not included in the computation of diluted EPS for the periods indicated, because their effect would be anti-dilutive:

 

 

 

March 31

 

In thousands

 

2020

 

 

 

2019

 

Three months ended

 

 

1,231

 

 

 

 

1,582