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NET INCOME (LOSS) PER SHARE
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
NET INCOME (LOSS) PER SHARE NET INCOME (LOSS) PER SHARE
Basic and diluted net income (loss) per share was as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
 
(In thousands, except per share amounts)
 
(In thousands, except per share amounts)
Basic net income (loss) per share:
 
 
 
 
 
 
 
Net income (loss)
$
(369
)
 
$
29,736

 
$
8,811

 
$
62,492

Weighted average common shares outstanding
84,706

 
85,577

 
84,955

 
85,460

Basic net income (loss) per common share
$
(0.00
)
 
$
0.35

 
$
0.10

 
$
0.73

 
 
 
 
 
 
 
 
Diluted net income (loss) per share:
 
 
 
 
 
 
 
Net income (loss)
$
(369
)
 
$
29,736

 
$
8,811

 
$
62,492

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
84,706

 
85,577

 
84,955

 
85,460

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options and restricted stock
—

 
680

 
593

 
947

Weighted average common shares for diluted earnings per share
84,706

 
86,257

 
85,548

 
86,407

Diluted net income (loss) per common share
$
(0.00
)
 
$
0.34

 
$
0.10

 
$
0.72



Common stock of approximately 0.5 million and 0.1 million shares at June 30, 2020, and 2019, respectively that are issuable through exercise of dilutive securities were not included in the computation of diluted net income (loss) per share because their effect would have been anti-dilutive.
Performance Shares and Restricted Units that entitle the holders to approximately 0.5 million shares of common stock are included in the basic and diluted weighted average shares outstanding calculation from their date of issuance because no further consideration is due related to the issuance of the underlying common shares.