Earnings (Loss) Per Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

4. Earnings (Loss) Per Share

A reconciliation of the numerators and the denominators of our basic and diluted per-share computations is as follows (in thousands, except per share data):

	Three Months Ended March 31,
	2019			2018
Net (loss) income – basic and diluted numerator	$	(73,328	)	$	19,321
Weighted average shares – basic (denominator):		137,522			137,294
Dilutive effect of stock-based awards		—			201
Weighted average shares including    conversions – diluted (denominator)		137,522			137,495
(Loss) earnings per share:
Basic	$	(0.53	)	$	0.14
Diluted	$	(0.53	)	$	0.14

The following table sets forth the share effects of stock-based awards excluded from the computations of diluted (loss) earnings per share, as the inclusion of such potentially dilutive shares would have been antidilutive for the periods presented (in thousands):  

	Three Months Ended March 31,
	2019		2018
Employee and director:
Stock appreciation rights		1,022		1,237
Restricted stock units		1,027		623