Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.20.2
Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of Stockholders Equity
The following tables summarize the components of our shareholders equity and the changes therein as of and for the quarterly periods in 2020 and 2019.
Common Stock Paid-in Capital Retained Earnings Accumulated Other Comprehensive Loss Total Shareholders’ Equity
Balance as of December 31, 2019 $ 151    $ 200,666    $ 319,987    $ (59)   $ 520,745   
Net income —    —    163,094    —    163,094   
Cumulative effect of change in accounting principle 1
—    —    (76)   —    (76)  
All other changes 2
  556    —    (1)   556   
Balance as of March 31, 2020 $ 152    $ 201,222    $ 483,005    $ (60)   $ 684,319   
Net loss —    —    (94,715)   —    (94,715)  
All other changes 2
—    936    —    (1)   935   
Balance as of June 30, 2020 $ 152    $ 202,158    $ 388,290    $ (61)   $ 590,539   
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1  Attributable to the adoption of ASU 2016–13 as of January 1, 2020 (see Note 4).
2 Includes equity-classified share-based compensation of $1.8 million during the six months ended June 30, 2020. During the six months ended June 30, 2020, 36,174 and 3,895 shares of common stock were issued in connection with the vesting of certain time-vested restricted stock units (“RSUs”) and performance restricted stock units (“PRSUs”), net of shares withheld for income taxes.
Common Stock Paid-in Capital Retained Earnings Accumulated Other Comprehensive Income Total Shareholders’ Equity
Balance as of December 31, 2018 $ 151    $ 197,630    $ 249,492    $ 82    $ 447,355   
Net loss —    —    (38,697)   —    (38,697)  
Cumulative effect of change in accounting principle 1
—    —    (94)   —    (94)  
All other changes 2
—    381    —    (1)   380   
Balance as of March 31, 2019 $ 151    $ 198,011    $ 210,701    $ 81    $ 408,944   
Net income —    —    51,625    —    51,625   
All other changes 2
—    986    —    (1)   985   
Balance as of June 30, 2019 $ 151    $ 198,997    $ 262,326    $ 80    $ 461,554   
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1  Attributable to the adoption of ASC Topic 842 as of January 1, 2019 (see Note 9).
2 Includes equity-classified share-based compensation of $2.1 million during the six months ended June 30, 2019. During the six months ended June 30, 2019, 26,671 shares of common stock were issued in connection with the vesting of certain RSUs, net of shares withheld for income taxes.