(Loss) Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted (loss) earnings per common share

The following table sets forth the computation of basic and diluted (loss) earnings per common share:

	Three Months Ended March 31,
	2020			2019
	(In Thousands, except per share data)
Basic (Loss) Earnings Per Share:
Net (loss) income available to common shareholders	$	(22,482	)	$	11,482
Less: (loss) income allocated to participating securities		(39	)		9
Net (loss) income allocated to common shareholders		(22,443	)		11,473
Weighted average common shares outstanding including    participating securities		31,721			20,030
Less: Participating securities		55			16
Average common shares		31,666			20,014
Basic (loss) earnings per common share	$	(0.71	)	$	0.57
Diluted (Loss) Earnings Per Share:
Net (loss) income allocated to common shareholders	$	(22,443	)	$	11,473
Weighted average common shares outstanding for basic (loss) earnings    per common share		31,666			20,014
Add: Dilutive effects of stock options		—			81
Average shares and dilutive potential common shares		31,666			20,095
Diluted (loss) earnings per common share	$	(0.71	)	$	0.57