Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.20.1
EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:
 
Three months ended March 31,
 
2020
 
2019
 
Loss
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
$
(517,538
)
 
159,760,222

 
$
(3.24
)
 
$
62,242

 
162,823,997

 
$
0.38

Effect of dilutive securities:

 

 

 

 

 

Stock awards
—

 
—

 

 
—

 
275,412

 

Diluted:

 

 

 

 

 

Net (loss) income
$
(517,538
)
 
159,760,222

 
$
(3.24
)
 
$
62,242

 
163,099,409

 
$
0.38


 
 
 
 
 
 
 
 
 
 
 
 


There were 1,552,423 shares of common stock that were considered anti-dilutive for the three months ended March 31, 2020. There were no potential shares of common stock that were considered anti-dilutive for the three months ended March 31, 2019.