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Earnings Per Share
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Calculation of Basic and Diluted (Loss) Earnings per Common Share
The following tables summarize our calculation of Basic and Diluted (Loss) Earnings per Common Share (“EPS”) for the three and six months ended June 30, 2020 and 2019 (in thousands, except share and per share data):
For the three months ended
June 30,
 20202019
Numerator:
Net (loss) income available to common stockholders$(83,689) $83,972  
Denominator:
Weighted average shares outstanding used to compute basic (loss) earnings per common share54,937,038  56,181,864  
Effect of dilutive securities—Share-based awards—  317,650  
Shares used to compute diluted (loss) earnings per common share54,937,038  56,499,514  
Basic (loss) earnings per common share$(1.52) $1.49  
Diluted (loss) earnings per common share$(1.52) $1.49  
For the six months ended
June 30,
 20202019
Numerator:
Net (loss) income available to common stockholders$(8,024) $156,382  
Denominator:
Weighted average shares outstanding used to compute basic (loss) earnings per common share55,467,799  56,175,219  
Effect of dilutive securities—Share-based awards—  286,758  
Shares used to compute diluted (loss) earnings per common share55,467,799  56,461,977  
Basic (loss) earnings per common share$(0.14) $2.78  
Diluted (loss) earnings per common share$(0.14) $2.77  
The effect of 197,470 and 200,538 share-based awards has been excluded from the calculation of diluted EPS for the three and six months ended June 30, 2020, respectively, due to the net loss recognized for each period. Assuming dilution, the number of outstanding share-based awards excluded from the computation of diluted EPS for both the three and six months ended June 30, 2020 because they would be anti-dilutive were 94,355. The number of outstanding share-based awards that were excluded from the computation of diluted EPS for the six months ended June 30, 2019 because they would be anti-dilutive were 25,061.There were no anti-dilutive share based awards for the three months ended June 30, 2019.