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Per Share Data and Stockholders' Equity | 9 Months Ended
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Sep. 30, 2018
Earnings Per Share [Abstract] |
Per Share Data and Stockholders' Equity | Per Share Data and Stockholders’ Equity The calculation of diluted earnings per share considers the potential dilutive effect of stock options and shares under Sonic’s stock compensation plans and Class A Common Stock purchase warrants. Certain of Sonic’s non-vested restricted stock awards contain rights to receive non-forfeitable dividends and, thus, are considered participating securities and are included in the two-class method of computing earnings per share. The following tables illustrate the dilutive effect of such items on earnings per share for the three and nine months ended September 30, 2018 and 2017:
| Three Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Income (Loss) |  |  |  | Income (Loss) |  |  |  |  |  |
|  |  | From Continuing Operations |  |  |  | From Discontinued Operations |  |  |  | Net Income (Loss) |  |
| Weighted Average Shares |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount
| (In thousands, except per share amounts) |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) and shares | 42,673 |  | $ | 15,301 |  |  |  | $ | (183) |  |  |  | $ | 15,118 |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock |  |  | (14) |  |  |  | — |  |  |  | (14) |  |
Basic earnings (loss) and shares | 42,673 |  | $ | 15,287 |  | $ | 0.36 |  | $ | (183) |  | $ | (0.01) |  | $ | 15,104 |  | $ | 0.35
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans | 321 |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares | 42,994 |  | $ | 15,287 |  | $ | 0.36 |  | $ | (183) |  | $ | (0.01) |  | $ | 15,104 |  | $ | 0.35
| Three Months Ended September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Income (Loss) |  |  |  | Income (Loss) |  |  |  |  |  |
|  |  | From Continuing Operations |  |  |  | From Discontinued Operations |  |  |  | Net Income (Loss) |  |
| Weighted Average Shares |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount
| (In thousands, except per share amounts) |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) and shares | 43,496 |  | $ | 19,730 |  |  |  | $ | (290) |  |  |  | $ | 19,440 |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock |  |  | (18) |  |  |  | — |  |  |  | (18) |  |
Basic earnings (loss) and shares | 43,496 |  | $ | 19,712 |  | $ | 0.45 |  | $ | (290) |  | $ | — |  | $ | 19,422 |  | $ | 0.45
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans | 315 |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares | 43,811 |  | $ | 19,712 |  | $ | 0.45 |  | $ | (290) |  | $ | (0.01) |  | $ | 19,422 |  | $ | 0.44
| Nine Months Ended September 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Income (Loss) |  |  |  | Income (Loss) |  |  |  |  |  |
|  |  | From Continuing Operations |  |  |  | From Discontinued Operations |  |  |  | Net Income (Loss) |  |
| Weighted Average Shares |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount
| (In thousands, except per share amounts) |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) and shares | 42,708 |  | $ | 30,409 |  |  |  | $ | (579) |  |  |  | $ | 29,830 |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock |  |  | (29) |  |  |  | — |  |  |  | (29) |  |
Basic earnings (loss) and shares | 42,708 |  | $ | 30,380 |  | $ | 0.71 |  | $ | (579) |  | $ | (0.01) |  | $ | 29,801 |  | $ | 0.70
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans | 256 |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares | 42,964 |  | $ | 30,380 |  | $ | 0.71 |  | $ | (579) |  | $ | (0.02) |  | $ | 29,801 |  | $ | 0.69
| Nine Months Ended September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |
|  |  | Income (Loss) |  |  |  | Income (Loss) |  |  |  |  |  |
|  |  | From Continuing Operations |  |  |  | From Discontinued Operations |  |  |  | Net Income (Loss) |  |
| Weighted Average Shares |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount |  | Amount |  | Per Share Amount
| (In thousands, except per share amounts) |  |  |  |  |  |  |  |  |  |  |  |
Earnings (loss) and shares | 44,281 |  | $ | 32,024 |  |  |  | $ | (993) |  |  |  | $ | 31,031 |  |
Effect of participating securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock |  |  | (28) |  |  |  | — |  |  |  | (28) |  |
Basic earnings (loss) and shares | 44,281 |  | $ | 31,996 |  | $ | 0.72 |  | $ | (993) |  | $ | (0.02) |  | $ | 31,003 |  | $ | 0.70
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Stock compensation plans | 304 |  |  |  |  |  |  |  |  |  |  |  |
Diluted earnings (loss) and shares | 44,585 |  | $ | 31,996 |  | $ | 0.72 |  | $ | (993) |  | $ | (0.02) |  | $ | 31,003 |  | $ | 0.70

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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