Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Summary of Calculation of Basic and Diluted Earnings (Loss) Per Share

A summary of the calculation of basic and diluted earnings (loss) per share for the three and nine months ended September 30, 2019 and 2018 is as follows:

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
(In thousands, except per share amounts)	2019			2018		2019			2018
Numerator
Net income (loss)	$	(46,123	)	$	7,589	$	(41,358	)	$	(10,895	)
Denominator
Weighted average number of shares – basic		47,824			47,710		47,803			47,927
Effect of dilutive securities
Stock options		—			27		—			—
PSUs, RSUs and restricted stock		—			97		—			—
Weighted average number of shares – diluted		47,824			47,834		47,803			47,927
Earnings (loss) per share – basic	$	(0.96	)	$	0.16	$	(0.87	)	$	(0.23	)
Earnings (loss) per share – diluted	$	(0.96	)	$	0.16	$	(0.87	)	$	(0.23	)