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Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE

The following table presents the calculation of basic and diluted earnings per common share from continuing operations:
 
 
Years ended December 31,
 
 
2019
 
2018
 
2017
 
 
(In thousands, except per share amounts)
Earnings (loss) per share — Basic:
 
 
 
 
 
 
Earnings (loss) from continuing operations
 
$
(23,272
)
 
$
286,922

 
$
720,101

Less: Distributed and undistributed earnings allocated to unvested stock
 
(453
)
 
(1,038
)
 
(2,594
)
Earnings (loss) from continuing operations available to common shareholders — Basic
 
$
(23,725
)
 
$
285,884

 
$
717,507

 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
 
52,348

 
52,390

 
52,613

 
 
 
 
 
 
 
Earnings (loss) from continuing operations per common share — Basic
 
$
(0.45
)
 
$
5.46

 
$
13.64

 
 
 
 
 
 
 
Earnings (loss) per share — Diluted:
 
 
 
 
 
 
Earnings (loss) from continuing operations
 
$
(23,272
)
 
$
286,922

 
$
720,101

Less: Distributed and undistributed earnings allocated to unvested stock
 
(453
)
 
(1,038
)
 
(2,594
)
Earnings (loss) from continuing operations available to common shareholders — Diluted
 
$
(23,725
)
 
$
285,884

 
$
717,507

 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
 
52,348

 
52,390

 
52,613

Effect of dilutive equity awards
 

 
307

 
373

Weighted average common shares outstanding — Diluted
 
52,348

 
52,697

 
52,986

 
 
 
 
 
 
 
Earnings (loss) from continuing operations per common share — Diluted
 
$
(0.45
)
 
$
5.43

 
$
13.54

Anti-dilutive equity awards and market-based restrictive stock rights not included above
 
2,458

 
1,330

 
881