NET (LOSS) INCOME PER SHARE (Tables)

6 Months Ended

Jun. 30, 2015

NET (LOSS) INCOME PER 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)	2015			2014		2015			2014
Basic (loss) income per share
Net (loss) income	$	(21,653	)	$	12,746	$	(33,286	)	$	30,684
Denominator	59,992			58,106		59,778			57,827
Basic net (loss) income per share	$	(0.36	)	$	0.22	$	(0.56	)	$	0.53
Diluted net (loss) income per share
Net (loss) income	$	(21,653	)	$	12,746	$	(33,286	)	$	30,684
Denominator:
Denominator for basic net (loss) income per share	59,992			58,106		59,778			57,827
Add effect of dilutive securities:
Stock options and equivalents	—			2,324		—			2,431
Denominator for diluted net (loss) income per share	59,992			60,430		59,778			60,258
Diluted net (loss) income per share	$	(0.36	)	$	0.21	$	(0.56	)	$	0.51

Schedule of outstanding potential shares of common stock excluded from the computation of diluted net income as they would have been anti dilutive

	Three Months Ended June 30,		Six Months Ended June 30,
(in thousands)	2015	2014	2015	2014
Convertible debt	17,931,393	—	17,931,393	—
Stock options and equivalents	1,506,982	1,190	1,166,500	1,609
Total potentially dilutive shares	19,438,375	1,190	19,097,893	1,609