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NET INCOME (LOSS) PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2014
NET INCOME (LOSS) PER COMMON SHARE  
Schedule of calculation of basic and diluted earnings per common share

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

(in thousands, except for per share amounts)

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

12,746

 

$

478

 

$

30,684

 

$

(5,002

)

Denominator for basic net income (loss) per share

 

58,106

 

56,562

 

57,827

 

56,512

 

Net effect of potential dilutive common shares

 

2,324

 

580

 

2,431

 

 

Denominator for diluted net income (loss) per share:

 

60,430

 

57,142

 

60,258

 

56,512

 

Basic net income (loss) per share

 

$

0.22

 

$

0.01

 

$

0.53

 

$

(0.09

)

Diluted net income (loss) per share

 

$

0.21

 

$

0.01

 

$

0.51

 

$

(0.09

)