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Loss Per Share
 3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Loss Per Share Loss Per Share
The calculation of basic and diluted earnings per share for each period presented was as follows (dollars and shares in thousands, except per share amounts):
Three Months Ended
March 31,
20212020
Net loss$(29,663)$(37,144)
Basic - weighted average shares outstanding5,613 5,559 
Dilutive effect of stock options and restricted stock— — 
Dilutive effect of convertible notes due 2025— — 
Diluted - weighted average shares outstanding5,613 5,559 
Loss per share
Basic$(5.28)$(6.68)
Diluted$(5.28)$(6.68)
For all periods presented, we excluded all potentially dilutive restricted shares, stock options and the assumed conversion of the 2025 Notes in calculating diluted earnings per share as the effect was anti-dilutive due to net losses incurred for these periods.