Earnings per Share

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

The following table provides a reconciliation of the components used in the calculation of basic and diluted earnings per share for the periods presented:

	Three Months Ended June 30,					Six Months Ended June 30,
	2019		2018			2019		2018
Net income (loss) - basic and diluted	$	51,625	$	(2,521	)	$	12,928	$	7,774
Weighted-average shares – basic	15,106		15,058			15,102		15,050
Effect of dilutive securities 1	56		—			72		121
Weighted-average shares – diluted	15,162		15,058			15,174		15,171

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For the three months ended June 30, 2018, approximately 0.1 million potentially dilutive securities, represented by RSUs and PRSUs, had the effect of being anti-dilutive and were excluded from the calculation of diluted earnings per share.