EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2020

Components of Basic and Diluted Earnings per Share

The components of basic and diluted earnings per share were as follows:


	Years Ended December 31,
	2020				2019				2018
(In Thousands Except Share and Per Share Data)	Basic		Diluted		Basic		Diluted		Basic		Diluted
Net income (loss) from continuing operations	$	(112,706)	$	(112,706)	$	14,820	$	14,820	$	2,255	$	2,255
Weighted-average common shares outstanding	25,027,358		25,027,358		25,138,039		25,138,039		25,006,211		25,006,211
Add dilutive effect of restricted stock awards	—		—		—		232,450		—		273,544
Add dilutive effect of stock options	—		—		—		212,038		—		343,057
Weighted-average common shares	25,027,358		25,027,358		25,138,039		25,582,527		25,006,211		25,622,812
Earnings (loss) per common share from continuing operations	$	(4.50)	$	(4.50)	$	0.59	$	0.58	$	0.09	$	0.09
Earnings (loss) per common share from discontinued operations	—		—		—		—		(0.08)		(0.07)
Gain on sale of discontinued operations, net of taxes	$	—	$	—	$	—	$	—	$	1.10	$	1.07
Earnings (loss) per common share	$	(4.50)	$	(4.50)	$	0.59	$	0.58	$	1.11	$	1.08
Awards excluded from diluted calculation(1)	—		618,379		—		63,897		—		2,681

(1)Outstanding awards that are not "in-the-money" are excluded from the diluted earnings per share calculation because the effect of including them would have been anti-dilutive.