Quarterly report pursuant to Section 13 or 15(d)

Shareholders' Equity (Tables)

v3.20.2
Shareholders' Equity (Tables)
9 Months Ended
Sep. 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 
Net loss —  —  (243,413) —  (243,413)
All other changes 2
—  608  —  (2) 606 
Balance as of September 30, 2020 $ 152  $ 202,766  $ 144,877  $ (63) $ 347,732 
_______________________
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 $2.6 million during the nine months ended September 30, 2020. During the nine months ended September 30, 2020, 45,435 and 19,402 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 
Net income —  —  54,362  —  54,362 
All other changes 2
—  742  —  —  742 
Balance as of September 30, 2019 $ 151  $ 199,739  $ 316,688  $ 80  $ 516,658 
_______________________
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 $3.1 million during the nine months ended September 30, 2019. During the nine months ended September 30, 2019, 42,534 shares of common stock were issued in connection with the vesting of certain RSUs, net of shares withheld for income taxes.
[1]
[1] to the adoption of ASU 2016–13 as of January 1, 2020 (see Note 4).