Loss per Share

3 Months Ended

Mar. 31, 2019

The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted loss per share:


	Net Loss		Weighted Average Shares	Loss Per Share

	(In thousands, except per share amounts)














Three Months Ended March 31, 2019
Basic loss per share	$	(5,277)	35,322	$	(0.15)
Effect of dilutive securities
Restricted stock awards(1)	—		—
Performance share units(1)	—		—
Warrants(1)	—		—
Stock options(1)	—		—
Diluted loss per share	$	(5,277)	35,322	$	(0.15)
Three Months Ended March 31, 2018
Basic loss per share	$	(40,894)	34,575	$	(1.18)
Effect of dilutive securities
Restricted stock awards(2)	—		—
Performance share units(3)	—		—
Warrants(2)	—		—
Diluted loss per share	$	(40,894)	34,575	$	(1.18)

____________________

1.No incremental shares of potentially dilutive restricted stock awards, performance share units, warrants or stock options were included for the three-month period ended March 31, 2019, as their effect was antidilutive under the treasury stock method.

2.No incremental shares of potentially dilutive restricted stock awards or warrants were included for the three-month period ended March 31, 2018, as their effect was antidilutive under the treasury stock method.

3.Performance share units covering an insignificant amount of shares for the three-month period ended March 31, 2018, were excluded from the computation of loss per share because their effect would have been antidilutive.

See Note 13 for discussion of the Company’s share-based compensation awards.