v3.19.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table shows the calculation of basic and diluted earnings (loss) per share (in thousands, except per share amounts):
 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
Net income (loss)
 
$
11,783

 
$
(22,567
)
 
$
(64,183
)
 
 
 
 
 
 
 
Basic weighted average common shares outstanding
 
128,071

 
115,709

 
75,819

Add: Dilutive effect restricted common stock
 
1,982

 

 

Add: Dilutive effect of stock options outstanding
 
933

 

 

Diluted weighted average common shares outstanding
 
130,986

 
115,709

 
75,819

 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
Basic
 
0.09

 
$
(0.20
)
 
$
(0.85
)
Diluted
 
0.09

 
$
(0.20
)
 
$
(0.85
)
Schedule of Anti-Dilutive Shares Excluded From The Calculation of Diluted Loss Per Share
The following table shows anti-dilutive shares excluded from the calculation of diluted loss per share (in thousands):
 
 
Year Ended December 31,
 
 
2018
 
2017
 
2016
Anti-dilutive effect of restricted shares
 

 
3,328

 
993

Anti-dilutive effect of stock options outstanding
 
1,452

 
1,711

 
469

Anti-dilutive effect of performance units
 

 
63

 
127