Earnings (Loss) Per Common Share (EPS)

6 Months Ended

Jun. 30, 2021

Earnings Per Share, Basic and Diluted [Abstract]

Earnings (Loss) Per Common Share (EPS)

11.   Earnings (Loss) Per Common Share (EPS). The computation of weighted average shares outstanding and the basic and diluted earnings (loss) per common share consisted of the following (in thousands, except per share amounts):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2021		2020		2021		2020
Net income (loss)	$	4,916	$	(19,058)	$	15,874	$	(22,212)
Average common shares outstanding		56,061		55,406		55,890		55,326
Basic EPS	$	0.09	$	(0.34)	$	0.28	$	(0.40)
Average common shares outstanding		56,061		55,406		55,890		55,326
Effect of dilutive stock awards		1,216		—		1,238		—
Total potential shares outstanding		57,277		55,406		57,128		55,326
Diluted EPS	$	0.09	$	(0.34)	$	0.28	$	(0.40)
Equity awards excluded as the impact was anti-dilutive (1)		990		4,224		1,016		4,282

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