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Earnings (Loss) per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings (Loss) per Share

Earnings (loss) per share is computed as follows:

 

 

For the Three Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Income

 

 

Shares

 

 

Per

Share

Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings per share

 

$

52,651

 

 

 

81,520

 

 

$

0.65

 

 

$

22,697

 

 

 

86,399

 

 

$

0.26

 

Effect of dilutive incentive-based awards

 

 

 

 

 

 

647

 

 

 

 

 

 

 

 

 

 

 

486

 

 

 

 

 

Diluted earnings per share

 

$

52,651

 

 

 

82,167

 

 

$

0.64

 

 

$

22,697

 

 

 

86,885

 

 

$

0.26

 

 

 

 

For the Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

 

Net Income

 

 

Shares

 

 

Per

Share

Amount

 

 

Net

Loss

 

 

Shares

 

 

Per

Share

Amount

 

 

 

(In thousands, except per share amounts)

 

Basic earnings (loss) per share

 

$

15,631

 

 

 

82,432

 

 

$

0.19

 

 

$

(40,147

)

 

 

86,305

 

 

$

(0.47

)

Effect of dilutive incentive-based awards

 

 

 

 

 

 

784

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share

 

$

15,631

 

 

 

83,216

 

 

$

0.19

 

 

$

(40,147

)

 

 

86,305

 

 

$

(0.47

)