XML 50 R25.htm IDEA: XBRL DOCUMENT v3.20.4
(LOSS) EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE
17. (LOSS) EARNINGS PER SHARE
Basic earnings per share is calculated using the weighted-average number of common shares outstanding during the applicable period. Diluted earnings per share is calculated using the weighted-average number of common shares outstanding during the applicable period, plus the dilutive effect of outstanding stock options and RSUs, using the treasury stock method. In periods of loss, all stock options and RSUs are excluded from the weighted-average number of common shares, as their inclusion would be anti-dilutive.
(in thousands, except per share amounts)202020192018
Net (loss) income$(61,373)$(90,433)$10,617 
Weighted-average common shares outstanding80,336 79,055 78,564 
(Loss) earnings per share, basic$(0.76)$(1.14)$0.14 
Net (loss) income$(61,373)$(90,433)$10,617 
Stock options— — 2,891 
RSUs— — 1,609 
Effect of dilutive securities— — 4,500 
Weighted-average common shares outstanding, assuming dilution80,336 79,055 83,064 
(Loss) earnings per share, diluted$(0.76)$(1.14)$0.13 
Outstanding anti-dilutive stock options and RSUs (1)
6,278 5,911 188 
(1) Certain outstanding stock options and RSUs were excluded from the computation of diluted earnings per share because they were anti-dilutive in the period presented. These awards may be dilutive in the future.