Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.20.1
Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Components of Calculation of Basic and Diluted Earnings Per Share
The following table provides a reconciliation of the components used in the calculation of basic and diluted earnings per share for the periods presented:
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Net income (loss) – basic and diluted
 
$
163,094

 
$
(38,697
)
 
 
 
 
 
Weighted-average shares – basic
 
15,152

 
15,098

Effect of dilutive securities
 
8

 

Weighted-average shares – diluted
 
15,160

 
15,098


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1 
For the three months ended March 31, 2019, approximately 0.2 million potentially dilutive securities, represented by RSUs and PRSUs, had the effect of being anti-dilutive and were excluded from the calculation of diluted earnings per share.