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Earnings Per Share (Tables)
9 Months Ended
Sep. 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 nine months



 

ended September 30,

 

ended September 30,



 

2018

 

2017

 

2018

 

2017

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

16,144 

 

$

49,161 

 

$

(9,702)

 

$

95,994 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average shares outstanding

 

 

114,597 

 

 

119,746 

 

 

115,378 

 

 

120,745 

Dilutive impact of stock options and restricted shares

 

 

1,517 

 

 

1,280 

 

 

 —

 

 

982 

Diluted weighted-average shares outstanding

 

 

116,114 

 

 

121,026 

 

 

115,378 

 

 

121,727 

Net income (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.14 

 

$

0.41 

 

$

(0.08)

 

$

0.80 

Diluted

 

$

0.14 

 

$

0.41 

 

$

(0.08)

 

$

0.79