(Loss) Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 June 30,						Six months ended June 30,
	2015			2014			2015			2014
Numerator for basic and diluted (loss) earnings per share:
Net (loss) income	$	(17,004	)	$	23,017		$	(45,606	)	$	41,444
Effect of reallocating undistributed earnings of participating securities		—			(154	)		—			(290	)
Net (loss) income available under the two-class method	$	(17,004	)	$	22,863		$	(45,606	)	$	41,154
Denominator:
Denominator for basic (loss) earnings per share—weighted-average shares		22,999,157			22,947,957			22,987,086			22,948,032
Effect of dilutive potential common shares		—			—			—			—
Denominator for diluted (loss) earnings per share—adjusted weighted-average shares		22,999,157			22,947,957			22,987,086			22,948,032
Basic (loss) earnings per share	$	(0.74	)	$	1.00		$	(1.98	)	$	1.79
Diluted (loss) earnings per share	$	(0.74	)	$	1.00		$	(1.98	)	$	1.79