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EARNINGS (LOSS) PER SHARE
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
EARNINGS (LOSS) PER SHARE     
The following are computations of basic and diluted earnings (loss) per share (in thousands except for per share amounts):
 
 
Three Months Ended
 
 
March 31,
 
 
2019
 
2018
Numerator for basic and diluted earnings (loss) per share:
 
 
 
 
Net income (loss)
 
$
976

 
$
(12,631
)
 
 
 
 
 
Denominator:
 
 
 
 
Basic shares outstanding
 
55,848

 
56,457

Dilutive effect of stock-based compensation awards
 
234

 
—

Dilutive shares outstanding
 
56,082

 
56,457

 
 
 
 
 
Basic income (loss) per share:
 
$
0.02

 
$
(0.22
)
 
 
 

 
 

Diluted income (loss) per share:
 
$
0.02

 
$
(0.22
)

For the three months ended March 31, 2019, the dilutive effect of all then outstanding restricted stock and performance awards is included in the earnings per share calculation above except for 78,271 of performance stock awards for which the performance criteria were not attained at that time and 27,357 of restricted stock awards which were antidilutive.
As a result of the net loss reported for the three months ended March 31, 2018, all then outstanding restricted stock awards and performance awards totaling 896,180 were excluded from the calculation of diluted loss per share as their inclusion would have an antidilutive effect.