Annual report pursuant to Section 13 and 15(d)

NET INCOME (LOSS) PER COMMON SHARE (Tables)

v3.19.1
NET INCOME (LOSS) PER COMMON SHARE (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
 
Year ended December 31,
 
2018

 
2017

 
2016

 
(thousands of dollars)
Net income (loss)
$
(2,332
)
 
$
18,009

 
$
19,428

 
 
 
 
 
 
Basic earnings (loss) per common share:
 
 
 
 
 
Weighted average shares outstanding
24,438

 
24,294

 
24,284

 
 
 
 
 
 
Per share amount (dollars)
$
(0.10
)
 
$
0.74

 
$
0.80

Diluted earnings (loss) per common share:
 
 
 
 
 
Weighted average shares outstanding
24,438

 
25,129

 
24,982

 
 
 
 
 
 
Per share amount (dollars)
$
(0.10
)
 
$
0.72

 
$
0.78

Weighted average shares-denominator
  basic computation
24,438

 
24,294

 
24,284

Unvested restricted stock unit grant
—

 
367

 
310

Effect of dilutive stock options
—

 
468

 
388

Weighted average shares, as adjusted
  denominator diluted computation
24,438

 
25,129

 
24,982