(Loss) Earnings Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

(Loss) Earnings Per Share

6. (Loss) Earnings Per Share

We present basic and diluted (loss) earnings per share on our Consolidated Statements of Operations. Basic (loss) earnings per share excludes dilution and is computed by dividing net (loss) income by the weighted-average number of common shares outstanding for the period. Diluted (loss) earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock (common share equivalents) were exercised or converted into common stock, unless the effect would be antidilutive. For all periods in which we experience a net loss, all shares of common stock issuable upon exercise of outstanding stock appreciation rights and vesting of outstanding restricted stock units have been excluded from the calculation of weighted-average shares because their inclusion would be antidilutive.

The following table sets forth the share effects of stock-based awards excluded from the computation of diluted (loss) earnings per share (in thousands).

	Year Ended December 31,
	2019		2018		2017
Employee and director:
SARs		982		1,133		1,315
RSUs		1,205		1,153		757