XML 57 R11.htm IDEA: XBRL DOCUMENT
v3.19.3

NET INCOME (LOSS) PER COMMON SHARE | 9 Months Ended
--- | ---
Sep. 30, 2019
Earnings Per Share [Abstract] |
NET INCOME (LOSS) PER COMMON SHARE | NET INCOME (LOSS) PER COMMON SHARE Diluted net income per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. The dilutive effect of non-vested restricted stock is reflected by application of the treasury stock method. Under the treasury stock method, the amount of compensation cost for future service that the Company has not yet recognized, if any, is assumed to be used to repurchase shares. The following tables illustrate the computation of basic and diluted net income (loss) per common share for the periods indicated (in thousands, except per share data):
| Three Months Ended September 30,
| 2019 |  | 2018
| Income (loss) (Numerator) |  | Shares (Denominator) |  | Per Share Amount |  | Income (loss) (Numerator) |  | Shares (Denominator) |  | Per Share Amount
Basic net income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) available to common stockholders | $ | (1,243 | ) |  | 10,623 |  |  | $ | (0.12 | ) |  | $ | 7,629 |  |  | 11,309 |  |  | $ | 0.67 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock | — |  |  | — |  |  |  |  |  | — |  |  | 13 |  |  |  |
Diluted net income per common share: |  |  |  |  |  |  |  |  |  |  |
Net income available to common stockholders plus assumed conversions | $ | (1,243 | ) |  | 10,623 |  |  | $ | (0.12 | ) |  | $ | 7,629 |  |  | 11,322 |  |  | $ | 0.67 |
| Nine Months Ended September 30,
| 2019 |  | 2018
| Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount |  | Income (Numerator) |  | Shares (Denominator) |  | Per Share Amount
Basic net income (loss) per common share: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) available to common stockholders | $ | (2,769 | ) |  | 11,010 |  |  | $ | (0.25 | ) |  | $ | 25,476 |  |  | 11,298 |  |  | $ | 2.25 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
Non-vested restricted stock | — |  |  | — |  |  |  |  |  | — |  |  | 9 |  |  |  |
Diluted net income per common share: |  |  |  |  |  |  |  |  |  |  |
Net income (loss) available to common stockholders plus assumed conversions | $ | (2,769 | ) |  | 11,010 |  |  | $ | (0.25 | ) |  | $ | 25,476 |  |  | 11,307 |  |  | $ | 2.25 |
In periods when losses are reported, the weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. As such, non-vested restricted stock totaling 672,231 and 263,289 shares were not included for the three and nine months ended September 30, 2019, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration