Annual report pursuant to Section 13 and 15(d)

NET INCOME (LOSS) PER COMMON SHARE (Tables)

v3.20.1
NET INCOME (LOSS) PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Net Income (Loss) Per Common Share
 
Year ended December 31,
 
2019

 
2018

 
2017

 
(thousands of dollars)
Net income (loss) from continuing operations
$
(12,884
)
 
$
(1,728
)
 
$
21,512

 
 
 
 
 
 
Basic income (loss) from continuing operations per common share:
 
 
 
 
 
Weighted average shares outstanding
24,698

 
24,438

 
24,294

Per share amount (dollars)
$
(0.52
)
 
$
(0.07
)
 
$
0.89

 
 
 
 
 
 
Diluted income (loss) from continuing operations per common share:
 
 
 
 
 
Weighted average shares outstanding
24,698

 
24,438

 
25,129

Per share amount (dollars)
$
(0.52
)
 
$
(0.07
)
 
$
0.86

 
 
 
 
 
 
Weighted average shares-denominator
  basic computation
24,698

 
24,438

 
24,294

Unvested restricted stock unit grant

 

 
367

Effect of dilutive stock options

 

 
468

Weighted average shares, as adjusted
  denominator diluted computation
24,698

 
24,438

 
25,129


Net Income per Common Share - Discontinued Operations
 
Year ended December 31,
 
2019

 
2018

 
2017

 
(thousands of dollars)
Net loss from discontinued operations
$
(2,090
)
 
$
(604
)
 
$
(3,503
)
 
 
 
 
 
 
Basic income (loss) from discontinued operations per common share:
 
 
 
 
 
Weighted average shares outstanding
24,698

 
24,438

 
24,294

Per share amount (dollars)
$
(0.08
)
 
$
(0.02
)
 
$
(0.14
)
 
 
 
 
 
 
Diluted income (loss) from discontinued operations per common share:
 
 
 
 
 
Weighted average shares outstanding
24,698

 
24,438

 
25,129

Per share amount (dollars)
$
(0.08
)
 
$
(0.02
)
 
$
(0.14
)
 
 
 
 
 
 
Weighted average shares-denominator
  basic computation
24,698

 
24,438

 
24,294

Unvested restricted stock unit grant

 

 
367

Effect of dilutive stock options

 

 
468

Weighted average shares, as adjusted
  denominator diluted computation
24,698

 
24,438

 
25,129

Net Income per Common Share
 
Year ended December 31,
 
2019

 
2018

 
2017

 
(thousands of dollars)
Net income (loss)
$
(14,974
)
 
$
(2,332
)
 
$
18,009

 
 
 
 
 
 
Basic earnings (loss) per common share:
 
 
 
 
 
Weighted average shares outstanding
24,698

 
24,438

 
24,294

Per share amount (dollars)
$
(0.61
)
 
$
(0.10
)
 
$
0.74

 
 
 
 
 
 
Diluted earnings (loss) per common share:
 
 
 
 
 
Weighted average shares outstanding
24,698

 
24,438

 
25,129

Per share amount (dollars)
$
(0.61
)
 
$
(0.10
)
 
$
0.72

 
 
 
 
 
 
Weighted average shares-denominator
  basic computation
24,698

 
24,438

 
24,294

Unvested restricted stock unit grant

 

 
367

Effect of dilutive stock options

 

 
468

Weighted average shares, as adjusted
  denominator diluted computation
24,698

 
24,438

 
25,129