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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share:

Three Months Ended
March 31,
(in thousands, except per share data)20192018
Net income (loss)$13,773$(23,641)
Denominator for basic earnings per share - weighted-average number of
common shares outstanding during the period40,63048,517
Incremental common shares attributable to exercise of dilutive options76
Incremental common shares attributable to outstanding restricted
stock units147
Denominator for diluted earnings per share40,85348,517
Basic earnings (loss) per share$0.34$(0.49)
Diluted earnings (loss) per share$0.34$(0.49)