Loss per Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Loss per Share

Loss per Share

The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted (loss) earnings per share:

	Net (Loss) Earnings		Weighted Average Shares	(Loss) Earnings Per Share
	(In thousands, except per share amounts)
Three Months Ended June 30, 2020
Basic loss per share	$	(215,779)	35,611	$	(6.06)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Stock options(1)	—		—
Diluted loss per share	$	(215,779)	35,611	$	(6.06)
Three Months Ended June 30, 2019
Basic loss per share	$	(13,284)	35,356	$	(0.38)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Stock options(1)	—		—
Diluted earnings per share	$	(13,284)	35,356	$	(0.38)
Six Months Ended June 30, 2020
Basic loss per share	$	(228,449)	35,581	$	(6.42)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Stock options(1)	—		—
Diluted loss per share	$	(228,449)	35,581	$	(6.42)
Six Months Ended June 30, 2019
Basic loss per share	$	(18,561)	35,339	$	(0.53)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Diluted loss per share	$	(18,561)	35,339	$	(0.53)

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(1) No incremental shares of potentially dilutive restricted stock awards, performance share units, warrants or stock options were included for the three and six-month periods ended June 30, 2020 and 2019, as their effect was antidilutive under the treasury stock method.