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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Weighted-Average Shares of Common Stock Outstanding used in Calculation of Basic and Diluted Earnings Per Share



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

For the three months

 

For the six months



 

ended June 30,

 

ended June 30,



 

2018

 

2017

 

2018

 

2017

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(57,391)

 

$

9,233 

 

$

(25,846)

 

$

46,832 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

115,064 

 

 

121,455 

 

 

115,775 

 

 

121,253 

Dilutive impact of stock options and restricted shares

 

 

 —

 

 

982 

 

 

 —

 

 

834 

Diluted weighted-average shares outstanding

 

 

115,064 

 

 

122,437 

 

 

115,775 

 

 

122,087 

Net (loss) income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.50)

 

$

0.08 

 

$

(0.22)

 

$

0.39 

Diluted

 

$

(0.50)

 

$

0.08 

 

$

(0.22)

 

$

0.38