Earnings per Share

6 Months Ended

Jun. 30, 2019

Earnings per Share [Abstract]

Earnings per Share

Note 2.  Earnings per Share

Basic earnings (loss) per share are determined by dividing earnings (loss) by the weighted average number of common shares outstanding during each period.  Diluted earnings per share include the potential dilutive effect of restricted stock units and shares held in the Company’s Supplemental Executive Retirement Plan.

The following table sets forth net income (loss) attributable to controlling interest and the number of basic and diluted shares used in the computation of earnings per share:

	Three Months Ended June 30,					Six Months Ended June 30,
	2019		2018			2019		2018
Numerator:
Net income (loss) attributable to controlling interest	$	23,377	$	(40,674	)	$	37,651	$	(20,407	)
Denominator:
Denominator for basic earnings (loss) per share		22,509		23,061			22,503		23,053
Effect of dilutive securities:
Restricted stock units		110		–			105		–
Supplemental Executive Retirement Plan		48		–			48		–
Denominator for diluted earnings (loss) per share		22,667		23,061			22,656		23,053