Earnings Per Common Share (EPS)

12 Months Ended

Dec. 31, 2020

Earnings Per Share, Basic and Diluted [Abstract]

Earnings Per Common Share (EPS)

11.EARNINGS PER COMMON SHARE (EPS)

The computation of weighted average shares outstanding and the basic and diluted earnings (loss) per common share for the following periods consisted of the following (in thousands, except per share amounts):

	2020		2019		2018
Net income (loss)	$	(9,843)	$	5,451	$	42,017
Average common shares outstanding		55,434		55,075		52,268
Basic EPS	$	(0.18)	$	0.10	$	0.80
Average common shares outstanding		55,434		55,075		52,268
Effect of dilutive stock options		—		1,160		1,663
Total potential shares outstanding		55,434		56,235		53,931
Diluted EPS	$	(0.18)	$	0.10	$	0.78
Equity awards excluded as the impact was anti-dilutive (1)		4,216		1,750		396

(1) Does not reflect the impact of incremental repurchases under the treasury stock method.