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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Reconciliation
The following table presents a reconciliation of the earnings/(losses) and shares used in calculating basic EPS for the three- and nine-month periods ended September 30, 2018 and 2017:
 
 
Three-Month Period Ended September 30,
 
Nine-Month Period
Ended September 30,
(In thousands except for share amounts)
 
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
946

 
$
6,340

 
$
(1,221
)
 
$
9,996

Denominator:
 
 
 
 
 
 
 
 
Basic and diluted weighted average shares outstanding
 
12,693,989

 
13,136,106

 
12,875,884

 
11,017,363

Basic and diluted earnings per share
 
$
0.07

 
$
0.48

 
$
(0.09
)
 
$
0.91