XML 48 R36.htm IDEA: XBRL DOCUMENT v3.5.0.2
NET INCOME (LOSS) PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

The following table is a reconciliation of net income (loss) and the shares used in calculating basic and diluted net income (loss) per common share for the three and nine months ended September 30, 2016 and 2015 (in thousands, except share and per share data):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

(1,500

)

 

$

7,047

 

 

$

22,251

 

 

$

(3,410

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding – Basic

 

 

46,947,621

 

 

 

46,542,556

 

 

 

46,889,913

 

 

 

46,241,578

 

Effect of dilutive shares:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock

   options and ESPP

 

 

 

 

 

90,398

 

 

 

5,948

 

 

 

 

Restricted stock awards and units and performance

   units

 

 

 

 

 

90,419

 

 

 

119,401

 

 

 

 

Weighted average common shares

   outstanding – Diluted

 

 

46,947,621

 

 

 

46,723,373

 

 

 

47,015,262

 

 

 

46,241,578

 

Net income (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.03

)

 

$

0.15

 

 

$

0.47

 

 

$

(0.07

)

Diluted

 

$

(0.03

)

 

$

0.15

 

 

$

0.47

 

 

$

(0.07

)