Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Schedule of Stockholders Equity

The following tables summarize the components of our shareholders’ equity and the changes therein as of and for the quarterly periods in 2020 and 2019.

	Common Stock		Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Loss			Total Shareholders’ Equity
Balance as of December 31, 2019	$	151	$	200,666	$	319,987		$	(59	)	$	520,745
Net income	—		—		163,094			—			163,094
Cumulative effect of change in accounting principle 1	—		—		(76		)	—			(76		)
All other changes 2	1		556		—			(1		)	556
Balance as of March 31, 2020	$	152	$	201,222	$	483,005		$	(60	)	$	684,319

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¹   Attributable to the adoption of ASU 2016–13 as of January 1, 2020 (see Note 4).

² Includes equity-classified share-based compensation of $0.9 million during the three months ended March 31, 2020. During the three months ended March 31, 2020, 22,321 shares of common stock were issued in connection with the vesting of certain time-vested restricted stock units (“RSUs”), net of shares withheld for income taxes.

	Common Stock		Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Income			Total Shareholders’ Equity
Balance as of December 31, 2018	$	151	$	197,630	$	249,492		$	82		$	447,355
Net loss	—		—		(38,697		)	—			(38,697		)
Cumulative effect of change in accounting principle 1	—		—		(94		)	—			(94		)
All other changes 2	—		381		—			(1		)	380
Balance as of March 31, 2019	$	151	$	198,011	$	210,701		$	81		$	408,944

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¹ Attributable to the adoption of ASC Topic 842 as of January 1, 2019 (see Note 9).

² Includes equity-classified share-based compensation of $1.0 million during the three months ended March 31, 2019. During the three months ended March 31, 2019, 24,657 shares of common stock were issued in connection with the vesting of certain RSUs, net of shares withheld for income taxes.