Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.21.2
Earnings Per Share
6 Months Ended
Jun. 30, 2021
Notes to Financial Statements  
Earnings Per Share [Text Block]

10.        Earnings Per Share

The following table presents the calculation of basic and diluted (loss) earnings per common share (in thousands, except per share amounts):

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2021

    

2020

    

2021

    

2020

Net (loss) income

$

(51,672)

$

(5,904)

$

(52,418)

$

60,076

Less portion allocated to nonvested shares

 

 

 

 

707

Net (loss) income allocated to common shares

$

(51,672)

$

(5,904)

$

(52,418)

$

59,369

Weighted average common shares outstanding

 

142,244

 

141,597

 

142,197

 

141,571

Basic and diluted (loss) earnings per common share

$

(0.36)

$

(0.04)

$

(0.37)

$

0.42

Shares excluded due to being anti-dilutive (weighted-average)

880

1,665

899