Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Earnings Per Share

v3.20.1
Note 10 - Earnings Per Share
3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]
10.
Earnings Per Share
 
The following table presents the calculation of basic and diluted earnings (loss)  per common share (in thousands, except per share amounts):
 
   
Three Months Ended March 31,
 
   
2020
   
2019
 
Net income (loss)
  $
65,980
    $
(47,761
)
Less portion allocated to nonvested shares
   
791
     
 
Net income (loss) allocated to common shares
  $
65,189
    $
(47,761
)
Weighted average common shares outstanding
   
141,546
     
140,462
 
                 
Basic and diluted earnings (loss) per common share
  $
0.46
    $
(0.34
)
                 
Shares excluded due to being anti-dilutive (weighted-average)
   
     
3,342