Earnings (Loss) Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Reconciliation of the Numerator and Denominator of Basic and Diluted Earnings (Loss) Per Share

Following is a reconciliation of the numerator and denominator of basic and diluted earnings (loss) per share for the three months ended March 31, 2020 and 2019:

(In thousands except per share data)	Three Months Ended March 31,
	2020			2019
Numerator:
Net income (loss)	$	(198,106	)	$	4,214

Denominator:
Shares used for basic income (loss) per share		48,613			42,745
Effect of dilutive stock options and restricted stock units outstanding:
Non-qualified stock options		—			127
Restricted stock awards		—			16
Restricted stock units		—			292
Performance stock units		—			3
Shares used for diluted income (loss) per share ⁽¹⁾	$	48,613		$	43,183

Earnings (loss) per share:
Basic	$	(4.08	)	$	0.10
Diluted ⁽¹⁾	$	(4.08	)	$	0.10

Dilutive securities outstanding not included in the computation of earnings per share because their effect is anti-dilutive:
Non-qualified stock options		162			80
Restricted stock units		263			56
Restricted stock awards		38			—
Performance-based stock units		33			—

(1)

The impact of potentially dilutive securities for the three months ended March 31, 2020 was not considered because the impact would be anti-dilutive.