XML 25 R10.htm IDEA: XBRL DOCUMENT
v3.20.2

(Loss) Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2020
Earnings Per Share [Abstract] |
(LOSS) EARNINGS PER SHARE | (LOSS) EARNINGS PER SHARE Diluted (loss) earnings per share is calculated using both the two-class and the treasury stock methods with the more dilutive method used to determine diluted earnings per share. The following table reconciles the numerators and denominators of basic and diluted (loss) earnings per share calculations for the periods presented.
| Three Months Ended June 30, |  |  |  |  |  | Six Months Ended June 30, |  |  |  |
(in thousands, except share and per share data) | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Numerator for (Loss) Earnings per Share—Basic: |  |  |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (33,072) |  |  |  | $ | 26,101 |  |  |  | $ | (19,841) |  |  |  | $ | 49,029 |
Less: Income allocated to participating shares |  | — |  |  |  | 72 |  |  |  | — |  |  |  | 137 |
Net (Loss) Income Allocated to Shareholders |  | $ | (33,072) |  |  |  | $ | 26,029 |  |  |  | $ | (19,841) |  |  |  | $ | 48,892 |
Numerator for (Loss) Earnings per Share—Diluted: |  |  |  |  |  |  |  |  |  |  |
Net (loss) income |  | $ | (33,072) |  |  |  | $ | 26,101 |  |  |  | $ | (19,841) |  |  |  | $ | 49,029 |
Net (Loss) Income Available to Shareholders |  | $ | (33,072) |  |  |  | $ | 26,101 |  |  |  | $ | (19,841) |  |  |  | $ | 49,029 |
Denominators for (Loss) Earnings per Share: |  |  |  |  |  |  |  |  |  |  |
Weighted Average Shares Outstanding—Basic |  | 39,013,161 |  |  |  | 34,158,136 |  |  |  | 39,142,351 |  |  |  | 34,298,185 |
Add: Potentially dilutive shares |  | — |  |  |  | 52,850 |  |  |  | — |  |  |  | 88,121 |
Denominator for Treasury Stock Method—Diluted |  | 39,013,161 |  |  |  | 34,210,986 |  |  |  | 39,142,351 |  |  |  | 34,386,306 |
Weighted Average Shares Outstanding—Basic |  | 39,013,161 |  |  |  | 34,158,136 |  |  |  | 39,142,351 |  |  |  | 34,298,185 |
Add: Average participating shares outstanding |  | — |  |  |  | 93,433 |  |  |  | — |  |  |  | 96,261 |
Denominator for Two-Class Method—Diluted |  | 39,013,161 |  |  |  | 34,251,569 |  |  |  | 39,142,351 |  |  |  | 34,394,446 |
(Loss) Earnings per share—basic |  | $ | (0.85) |  |  |  | $ | 0.76 |  |  |  | $ | (0.51) |  |  |  | $ | 1.43 |
(Loss) Earnings per share—diluted |  | $ | (0.85) |  |  |  | $ | 0.76 |  |  |  | $ | (0.51) |  |  |  | $ | 1.43 |
Restricted stock considered anti-dilutive excluded from potentially dilutive shares |  | 21,333 |  |  |  | 5,183 |  |  |  | 82,624 |  |  |  | 44,153 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration