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Income (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Net income (loss)
$
(83,891
)
 
$
(5,822
)
 
$
5,370

 
$
25,541

Less: Undistributed income allocated to participating securities (1)

 

 
59

 
361

Net income (loss) attributable to common stockholders
(83,891
)
 
(5,822
)
 
5,311

 
25,180

Plus: Net income effect of convertible securities

 

 

 

Numerator for diluted income (loss) per common share
$
(83,891
)
 
$
(5,822
)
 
$
5,311

 
$
25,180

 
 
 
 
 
 
 
 
Basic weighted-average common stock shares outstanding
50,942

 
45,709

 
49,973

 
45,676

Plus: dilutive effects of common stock equivalents (2)

 

 
98

 
45

Diluted weighted-average common stock shares outstanding
50,942

 
45,709

 
50,071

 
45,721

 
 
 
 
 
 
 
 
Basic income (loss) per common share
$
(1.65
)
 
$
(0.13
)
 
$
0.11

 
$
0.55

Diluted income (loss) per common share
$
(1.65
)
 
$
(0.13
)
 
$
0.11

 
$
0.55

________________________________________________________
(1)
Participating securities include restricted stock that has been issued but has not yet vested.
(2)
Entities with a net loss from continuing operations are prohibited from including potential common shares in the computation of diluted per share amounts. We have utilized the basic shares outstanding to calculate both basic and diluted loss per share for the three months ended September 30, 2019 and 2018.