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Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Earnings (Loss) Per Share

The following table summarizes basic and diluted earnings (loss) per share or the three months ended March 31, 2020 and 2019 (in thousands, except per share amounts):

 

 

 

Three Months Ended March 31, 2020

 

 

Three Months Ended March 31, 2019

 

Basic and diluted loss per share:

 

 

 

 

 

 

 

 

Net loss

 

$

(12,526

)

 

$

(13,491

)

Weighted average common shares outstanding - basic

 

 

42,529,017

 

 

 

42,302,775

 

Dilutive effect of potentially issuable shares

 

 

-

 

 

 

-

 

Weighted average common shares outstanding - diluted

 

 

42,529,017

 

 

 

42,302,775

 

Basic loss per share

 

$

(0.29

)

 

$

(0.32

)

Dilutive effect of potentially issuable shares

 

 

-

 

 

 

-

 

Diluted loss per share

 

$

(0.29

)

 

$

(0.32

)

Common share equivalents excluded due to anti-dilutive effect

 

 

-

 

 

 

-