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Income (Loss) Per Share
 12 Months Ended
Dec. 31, 2019
Earnings per share  
Income (Loss) Per Share

16.      Income (Loss) per Share

Basic earnings (loss) per share is calculated by dividing net income (loss) attributable to common stockholders by the weighted average shares of common stock outstanding during the period, without consideration for common stock equivalents. Prior to the offering, there were no common stock equivalents which could have had a dilutive effect on earnings (loss) per share. The Company excluded 2,148,390 and 448,002 equity awards from our diluted shares for the year ended December 31, 2019 and 2018, respectively as inclusion would be anti-dilutive.

The following is a summary of the Incentive Plan restricted stock and restricted stock unit activity from June 13, 2018 to December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

    

2109

    

2108

    

2017

Net income (loss)

 

$

(3,043)

 

$

26,106

 

$

(3,937)

Net income attributable to noncontrolling interest

 

 

604

 

 

1,207

 

 

123

Net income (loss) attributable to common stockholders

 

$

(3,647)

 

$

24,899

 

$

(4,060)

 

 

 

 

 

 

 

 

 

 

Basic weighted average of outstanding shares of common stock

 

 

48,788

 

 

29,470

 

 

6,385

Dilutive effect of equity awards

 

 

 —

 

 

663

 

 

 —

Diluted weighted average of outstanding shares of common stock

 

 

48,788

 

 

30,133

 

 

6,385

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

(0.07)

 

$

0.84

 

$

(0.64)

Diluted earnings (loss) per share

 

$

(0.07)

 

$

0.83

 

$

(0.64)