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Earnings Per Common Share
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Earnings Per Common Share EARNINGS PER COMMON SHARE
The following table presents the calculation of basic and diluted earnings per common share (“EPS”) for the Company’s common stock for the three and nine months ended September 30, 2019 and 2018, and reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS (amounts in thousands, except per share amounts):
 
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
Net (loss) income
$
(10,054
)
 
$
14,510

 
$
25,697

 
$
42,384

Less: Net income allocated to participating securities
(66
)
 
(84
)
 
(231
)
 
(282
)
Numerator for basic and diluted earnings available to common stockholders
$
(10,120
)
 
$
14,426

 
$
25,466

 
$
42,102

Denominator:
 
 
 
 
 
 
 
Weighted-average basic common shares outstanding
95,103

 
81,490

 
92,409

 
77,811

Weighted-average diluted common shares outstanding
95,103

 
81,490

 
92,409

 
77,811

 
 
 
 
 
 
 
 
Earnings per common share, basic
$
(0.11
)
 
$
0.18

 
$
0.28

 
$
0.54

Earnings per common share, diluted
$
(0.11
)
 
$
0.18

 
$
0.28

 
$
0.54


The Company’s unvested restricted shares associated with its incentive award plan and unvested restricted shares issued to employees of Ensign at the Spin-Off have been excluded from the above calculation of earnings per diluted share for the three and nine months ended September 30, 2019 and 2018, when their inclusion would have been anti-dilutive.