Net Income (Loss) per Share (Notes)

3 Months Ended

Mar. 31, 2020

NET INCOME (LOSS) PER SHARE

The following is a reconciliation of the weighted average number of common shares outstanding with the number of shares used in the computations of net income (loss) per common and common equivalent share:



		Three Months Ended March 31,
		2020	2019
	(In Thousands)
Number of weighted average common shares outstanding		125,587	125,681
Assumed exercise of equity awards and warrants		—	—
Average diluted shares outstanding		125,587	125,681

For the three month periods ended March 31, 2020 and March 31, 2019, the average diluted shares outstanding excludes the impact of all outstanding equity awards and warrants, as the inclusion of these shares would have been anti-dilutive due to the net losses recorded during the periods. In addition, for the three month period ended March 31, 2019, the calculation of diluted earnings per common share excludes the impact of the CSI Compressco LP Series A Convertible Preferred Units (the "CCLP Preferred Units"), as the inclusion of the impact from conversion of the CCLP Preferred Units into CCLP common units would have been anti-dilutive.