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Earnings and Dividends per Share | 6 Months Ended
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Jun. 30, 2019
Earnings Per Share [Abstract] |
Earnings and Dividends per Share |
9. | Earnings and Dividends per Share
The computational components of basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2019 and 2018 are below.
|  | For the three-month period ended June 30, |
|  | 2019 |  |  | 2018 |
(table only in thousands) Numerator (for basic and diluted earnings (loss) per share) |  |  |  |  |  |  |  |
Net income (loss) |  | $ | 5,515 |  |  | $ | (901 | )
Denominator |  |  |  |  |  |  |  |
Basic weighted-average shares outstanding |  |  | 34,924 |  |  |  | 34,670 |
Common stock equivalents arising from stock options and restricted stock awards |  |  | 659 |  |  |  | — |
Diluted weighted-average shares outstanding |  |  | 35,583 |  |  |  | 34,670 |
|  | For the six-month period ended June 30, |
|  | 2019 |  |  | 2018 |
(table only in thousands) Numerator (for basic and diluted earnings per share) |  |  |  |  |  |  |  |
Net income |  | $ | 7,379 |  |  | $ | 4,862 |
Denominator |  |  |  |  |  |  |  |
Basic weighted-average shares outstanding |  |  | 34,880 |  |  |  | 34,632 |
Common stock equivalents arising from stock options and restricted stock awards |  |  | 592 |  |  |  | 83 |
Diluted weighted-average shares outstanding |  |  | 35,472 |  |  |  | 34,715 |
Options and restricted stock units included in the computation of diluted earnings per share are calculated using the treasury stock method. For the three-month periods ended June 30, 2019 and 2018, 0.4 million and 0.6 million, respectively, and during the six-month periods ended June 30, 2019 and 2018, 0.5 million and 0.6 million, respectively, of outstanding options and restricted stock units were excluded from the computation of diluted earnings per share due to their having an anti-dilutive effect. Once a restricted stock unit vests, it is included in the computation of weighted average shares outstanding for purposes of basic and diluted earnings per share.

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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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