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NET INCOME (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Basic and Diluted Net Income (Loss) Per Share
Basic and diluted net income (loss) per share was as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 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)
$
32,337

 
$
(27,610
)
 
$
41,148

 
$
34,882

Weighted average common shares outstanding
84,325

 
85,688

 
84,745

 
85,536

Basic net income (loss) per common share
$
0.38

 
$
(0.32
)
 
$
0.49

 
$
0.41

 
 
 
 
 
 
 
 
Diluted net income (loss) per share:
 
 
 
 
 
 
 
Net income (loss)
$
32,337

 
$
(27,610
)
 
$
41,148

 
$
34,882

 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
84,325

 
85,688

 
84,745

 
85,536

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options and restricted stock
427

 

 
558

 
1,045

Weighted average common shares for diluted earnings per share
84,752

 
85,688

 
85,303

 
86,581

 
 
 
 
 
 
 
 
Diluted net income (loss) per common share
$
0.38

 
$
(0.32
)
 
$
0.48

 
$
0.40