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(Loss) Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2015
Computation of Basic and Diluted (Loss) Earnings per Share under Two-Class Method

The following table sets forth the computation of basic and diluted (loss) earnings per share under the two-class method:

 

     Three months ended
March 31,
 
     2015      2014  

Numerator for basic and diluted (loss) earnings per share:

     

Net (loss) income

   $ (28,602    $ 18,427   

Effect of reallocating undistributed earnings of participating securities

     —           (136
  

 

 

    

 

 

 

Net (loss) income available under the two-class method

$ (28,602 $ 18,291   
  

 

 

    

 

 

 

Denominator:

Denominator for basic (loss) earnings per share — weighted-average shares

  22,974,880      22,948,109   

Effect of dilutive potential common shares

  —        —     
  

 

 

    

 

 

 

Denominator for diluted (loss) earnings per share — adjusted weighted-average shares

  22,974,880      22,948,109   
  

 

 

    

 

 

 

Basic (loss) earnings per share

$ (1.24 $ 0.80   
  

 

 

    

 

 

 

Diluted (loss) earnings per share

$ (1.24 $ 0.80