Earnings (Loss) Per Common Share (EPS)

3 Months Ended

Mar. 31, 2021

Earnings Per Share, Basic and Diluted [Abstract]

Earnings (Loss) Per Common Share (EPS)

11.   Earnings (Loss) Per Common Share (EPS). The computation of weighted average shares outstanding and the basic and diluted earnings (loss) per common share consisted of the following (in thousands, except per share amounts):

	Three Months Ended
	March 31,
	2021		2020
Net income (loss)	$	10,958	$	(3,154)
Average common shares outstanding		55,717		55,246
Basic EPS	$	0.20	$	(0.06)
Average common shares outstanding		55,717		55,246
Effect of dilutive stock awards		1,261		—
Total potential shares outstanding		56,978		55,246
Diluted EPS	$	0.19	$	(0.06)
Equity awards excluded as the impact was anti-dilutive (1)		1,042		4,340

(1) Does not reflect the impact of incremental repurchases under the treasury stock method.