Income (Loss) Per Share

12 Months Ended

Dec. 31, 2018

INCOME (LOSS) PER SHARE

The following is a reconciliation of the weighted average number of common shares outstanding with the number of shares used in the computations of net income (loss) per common and common equivalent share for each of the following periods:



	Year Ended December 31,
	2018	2017	2016
	(In Thousands)
Number of weighted average common shares outstanding	124,101	114,499	87,286
Assumed exercise of equity awards and warrants	—	—	—
Average diluted shares outstanding	124,101	114,499	87,286

For the years ended December 31, 2018, 2017 and 2016, the average diluted shares outstanding excludes the impact of all outstanding equity awards and warrants, as the inclusion of these shares would have been anti-dilutive due to the net losses recorded during the year. In addition, for the years ended December 31, 2018, 2017, and 2016, the calculation of diluted earnings per common share excludes the impact of the CCLP Preferred Units, as the inclusion of the impact from conversion of the CCLP Preferred Units (as defined in Note K) into CCLP common units would have been anti-dilutive.