Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Computation Of Basic And Diluted Earnings Per Common Share

The computation of basic and diluted (losses) earnings per common share is as follows:    

	Three Months Ended						Six Months Ended
	June 30,						June 30,
(in thousands, except per share amounts)	2020			2019			2020			2019
Numerator:
Net (loss) income	$	(2,441	)	$	74,389		$	53,022		$	104,470
Loss (income) allocated to participating securities	14			(468		)	(301		)	(640		)
Net (loss) income available to common shareholders	$	(2,427	)	$	73,921		$	52,721		$	103,830
Denominator:
Weighted average common shares outstanding – basic	55,054			55,323			55,199			55,335
Basic (losses) earnings per share	$	(0.04	)	$	1.34		$	0.96		$	1.88
Numerator:
Net (loss) income	$	(2,441	)	$	74,389		$	53,022		$	104,470
Loss (income) allocated to participating securities	14			(466		)	(300		)	(638		)
Net (loss) income available to common shareholders	$	(2,427	)	$	73,923		$	52,722		$	103,832
Denominator:
Weighted average common shares outstanding – basic	55,054			55,323			55,199			55,335
Diluted effect of stock options and PVRSUs	—			237			258			273
Weighted average common shares outstanding – diluted	55,054			55,560			55,457			55,608
Diluted (losses) earnings per share	$	(0.04	)	$	1.33		$	0.95		$	1.87