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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Share

The following table presents the components of basic and diluted earnings (loss) per share (in thousands, except per share amounts):

 
Three months ended June 30,
   
Six months ended June 30,
 
   
2020
   
2019
   
2020
   
2019
 
Net earnings (loss) attributable to Kirby
 
$
25,002
   
$
47,287
   
$
(322,239
)
 
$
91,583
 
Undistributed earnings allocated to restricted shares
   
(46
)
   
(122
)
   
     
(241
)
Income (loss) available to Kirby common stockholders – basic
   
24,956
     
47,165
     
(322,239
)
   
91,342
 
Undistributed earnings allocated to restricted shares
   
46
     
122
     
     
241
 
Undistributed earnings reallocated to restricted shares
   
(46
)
   
(122
)
   
     
(240
)
Income (loss) available to Kirby common stockholders – diluted
 
$
24,956
   
$
47,165
   
$
(322,239
)
 
$
91,343
 
                                 
Shares outstanding:
                               
Weighted average common stock issued and outstanding
   
60,023
     
59,894
     
60,003
     
59,882
 
Weighted average unvested restricted stock
   
(111
)
   
(154
)
   
(105
)
   
(157
)
Weighted average common stock outstanding – basic
   
59,912
     
59,740
     
59,898
     
59,725
 
Dilutive effect of stock options and restricted stock units
   
25
     
167
     
     
140
 
Weighted average common stock outstanding – diluted
   
59,937
     
59,907
     
59,898
     
59,865
 
                                 
Net earnings (loss) per share attributable to Kirby common stockholders:
                               
Basic
 
$
0.42
   
$
0.79
   
$
(5.38
)
 
$
1.53
 
Diluted
 
$
0.42
   
$
0.79
   
$
(5.38
)
 
$
1.53