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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Net Income Per Share, Basic and Diluted
The following table sets forth the computation of net income per share, on a basic and diluted basis, for the periods indicated (share count and dollar amounts other than per-share amounts in table are in thousands):
 
Three Months Ended March 31,
 
2020
 
2019
Basic:
 
 
 
Net income (loss)
$
(33,009
)
 
$
57,124

Less net income allocated to participating securities
(236
)
 
(799
)
Net income (loss) attributable to common stock
$
(33,245
)
 
$
56,325

Earnings (loss) per share, basic
$
(2.08
)
 
$
3.52

Weighted-average shares outstanding
15,952

 
16,011

Diluted:
 

 
 

Net income (loss)
$
(33,009
)
 
$
57,124

Less net income allocated to participating securities
(236
)
 
(798
)
Net income (loss) attributable to common stock
$
(33,245
)
 
$
56,326

Earnings (loss) per share, diluted
$
(2.08
)
 
$
3.52

Weighted-average shares outstanding
15,952

 
16,011

Dilutive effect of stock options and restricted stock
62

 
31

Adjusted weighted-average shares outstanding under treasury stock method
16,014

 
16,042

Participating securities excluded under two-class method
(62
)
 
(29
)
Adjusted weighted-average shares outstanding under two-class method
15,952

 
16,013