Schedule of Computation of Basic and Diluted Earnings Per Share |
The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2020 and 2019 (in thousands, except per share amounts): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | | | Six Months Ended June 30, | | | | 2020 | | 2019 | | 2020 | | 2019 | Earnings per Common Share - basic: | | | | | | | | Numerator: | | | | | | | | Net income (loss) | $ | 23,236 | | | $ | (22,582) | | | $ | 198,545 | | | $ | 13,423 | | Net (income) loss attributable to noncontrolling interests in CPLP from continuing operations | (5) | | | 265 | | | (307) | | | (323) | | Net income attributable to other noncontrolling interests | (130) | | | (92) | | | (194) | | | (168) | | Net income (loss) available to common stockholders | $ | 23,101 | | | $ | (22,409) | | | $ | 198,044 | | | $ | 12,932 | | | | | | | | | | Denominator: | | | | | | | | Weighted average common shares - basic | 148,548 | | | 112,926 | | | 147,986 | | | 109,049 | | | | | | | | | | | | | | | | | | Net income (loss) per common share - basic | $ | 0.16 | | | $ | (0.20) | | | $ | 1.34 | | | $ | 0.12 | | | | | | | | | | Earnings per common share - diluted: | | | | | | | | Numerator: | | | | | | | | Net income (loss) | $ | 23,236 | | | $ | (22,582) | | | $ | 198,545 | | | $ | 13,423 | | Net income attributable to other noncontrolling interests | (130) | | | (92) | | | (194) | | | (168) | | Net income (loss) available for common stockholders before allocation of net income attributable to noncontrolling interests in CPLP | $ | 23,106 | | | $ | (22,674) | | | $ | 198,351 | | | $ | 13,255 | | | | | | | | | | Denominator: | | | | | | | | Weighted average common shares - basic | 148,548 | | | 112,926 | | | 147,986 | | | 109,049 | | Add: | | | | | | | | Potential dilutive common shares - stock options | 5 | | | — | | | 10 | | | 29 | | Potential dilutive common shares - restricted stock units, less shares assumed purchased at market price | 2 | | | — | | | 2 | | | — | | Weighted average units of CPLP convertible into common shares | 25 | | | 1,744 | | | 572 | | | 1,744 | | Weighted average common shares - diluted | 148,580 | | | 114,670 | | | 148,570 | | | 110,822 | | | | | | | | | | | | | | | | | | Net income (loss) per common share - diluted | $ | 0.16 | | | $ | (0.20) | | | $ | 1.34 | | | $ | 0.12 | | | | | | | | | | Antidilutive restricted stock units, less share assumed purchased at market price, and antidilutive stock options outstanding | 18 | | | 27 | | | 7 | | | — | |
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