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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share
 
Three Months Ended
March 31,
 
2019
 
2018
 
(in thousands except per share amounts)
Basic EPS calculation

 

Net income (loss)
$
(34,098
)
 
$
6,410

less: Series A Preferred Stock dividends and conversion to common stock

 
(5,650
)
Net income (loss) attributable to common stockholders
$
(34,098
)
 
$
760

Weighted-average shares of common stock outstanding
81,765

 
38,602

Basic earnings (loss) per share(2)
$
(0.42
)
 
$
0.02

Diluted EPS calculation

 

Net income (loss)
$
(34,098
)
 
$
6,410

less: Series A Preferred Stock dividends and conversion to common stock

 
(5,650
)
Net income (loss) attributable to common stockholders
$
(34,098
)
 
$
760

Weighted-average shares of common stock outstanding
81,765

 
38,602

Dilutive effect of potentially dilutive securities(1)

 
225

Weighted-average common shares outstanding - diluted
81,765

 
38,827

Diluted earnings (loss) per share(2)
$
(0.42
)
 
$
0.02

__________
(1)
No potentially dilutive securities were included in computing earnings (loss) per share for the three months ended March 31, 2019, because the effect of inclusion would have been anti-dilutive.
(2)
Per share amounts are stated net of tax.