Earnings Per Share (Notes)

6 Months Ended

Jun. 30, 2020

Basic net income per share of common stock is computed by dividing net income attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period, excluding the dilutive effects of restricted stock. Diluted net income per share of common stock is computed by dividing the net income attributable to common stockholders by the sum of the weighted-average number of shares of common stock outstanding during the period plus the potential dilutive effects of restricted stock outstanding during the period calculated in accordance with the treasury stock method, although restricted stock is excluded if their effect is anti-dilutive. The number of shares underlying equity-based awards that were excluded from the calculation of diluted earnings per share as their effect would be anti-dilutive was 2,253 and 765 for the three months ended June 30, 2020 and 2019, respectively. The number of shares underlying equity-based awards that were excluded from the calculation of diluted earnings per share as their effect would be anti-dilutive was 2,253 and 765 for the six months ended June 30, 2020 and 2019, respectively. The following table reconciles the weighted-average common shares outstanding used in the calculation of basic net (loss) income per share to the weighted average common shares outstanding used in the calculation of diluted net income per share.


	Three Months Ended June 30,			Six Months Ended June 30,
	2020	2019	2020	2019
Weighted average common shares outstanding	39,644	40,074	39,867	40,035
Assumed conversion of restricted stock	—	99	—	82
Diluted weighted average common stock outstanding	39,644	40,173	39,867	40,117