Earnings Per Share

9 Months Ended

Sep. 30, 2020

8.	EARNINGS PER SHARE

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

	Three months ended September 30
In thousands, except per share	2020		2019
Income from continuing operations	$	6,527	$	8,643
Weighted average common shares outstanding used in basic EPS		44,368		44,171
Effect of dilutive SOSARs, PSAs and RSUs		268		271
Weighted average common shares outstanding and
common share equivalents used in diluted EPS		44,636		44,442

Earnings per share from continuing operations
Basic	$	0.15	$	0.19
Diluted		0.15		0.19

	Nine months ended September 30
In thousands, except per share	2020		2019
Income from continuing operations	$	11,652	$	19,539
Weighted average common shares outstanding used in basic EPS		44,329		44,113
Effect of dilutive SOSARs, PSAs and RSUs		220		292
Weighted average common shares outstanding and
common share equivalents used in diluted EPS		44,549		44,405

Earnings per share from continuing operations
Basic	$	0.26	$	0.44
Diluted		0.26		0.44

The numerator used to compute per share amounts from discontinued operations was $0.0 million, $3.6 million, a loss of $0.1 million and $3.8 million, for the third quarters of 2020 and 2019 and the first nine months of 2020 and 2019, respectively. The denominator used to compute per share amounts from discontinued operations is the same as the denominator used for per share amounts 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:

	September 30
In thousands	2020		2019
Three months ended		1,082		1,233
Nine months ended		1,082		1,233