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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic earnings per share is computed using the weighted-average number of common shares outstanding during the applicable period. Diluted earnings per share is computed using the weighted-average number of common shares outstanding during the applicable period, plus the dilutive effect of outstanding stock options and RSUs, using the treasury stock method. In periods of loss, all stock options and RSUs are excluded, as their inclusion would be anti-dilutive.
The calculation of the basic and diluted earnings per share was:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(in thousands, except per share amounts)
2019
 
2018
 
2019
 
2018
Basic
 
 
 
 
 
 
 
Net (loss)
$
(30,338
)
 
$
(7,587
)
 
$
(91,351
)
 
$
(5,796
)
Weighted-average common shares outstanding
79,200


78,700


78,928


78,525

(Loss) per share, basic
$
(0.38
)
 
$
(0.10
)
 
$
(1.16
)
 
$
(0.07
)
 
 
 
 
 
 
 
 
Diluted
 
 
 
 
 
 
 
Net (loss)
$
(30,338
)
 
$
(7,587
)
 
$
(91,351
)
 
$
(5,796
)
Weighted-average effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
—

 
—

 
—

 
—

RSUs
—

 
—

 
—

 
—

Effect of dilutive securities
—

 
—

 
—

 
—

Weighted-average common shares outstanding, assuming dilution
79,200

 
78,700

 
78,928

 
78,525

(Loss) per share, diluted
$
(0.38
)
 
$
(0.10
)
 
$
(1.16
)
 
$
(0.07
)

 
 
 
 
 
 
 
Outstanding anti-dilutive stock options and RSUs (1)
5,953

 
6,119

 
5,923

 
6,380

(1) Certain outstanding stock options and RSUs were excluded from the computation of diluted earnings per share because they were anti-dilutive in the period presented. These awards may be dilutive in the future.