Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share:
(share amounts in thousands)
Three Months Ended March 31,
 
2019
 
2018
Net income (loss)
$
(19,543
)
 
$
55,761

Preferred stock dividends
(1,824
)
 
(1,824
)
Income (loss) available to common stockholders
$
(21,367
)
 
$
53,937

 
 
 
 
Weighted average common shares outstanding
227,784

 
201,921

Dilutive impact of restricted stock
—

 
667

Weighted average common shares outstanding for diluted income per share
227,784

 
202,588

 
 
 
 
Basic income per share
$
(0.09
)
 
$
0.27

Diluted income per share
$
(0.09
)
 
$
0.27

 
 
 
 
Restricted stock (a)
356

 
3


(a)
Shares excluded from the diluted earnings per share calculation because their effect would be anti-dilutive.