(Loss) Earnings Per Share (Tables)

9 Months Ended

Sep. 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 September 30,						Nine months ended September 30,
	2015			2014			2015			2014
Numerator for basic and diluted (loss) earnings per share:
Net (loss) income	$	(13,898	)	$	13,744		$	(59,504	)	$	55,189
Effect of reallocating undistributed earnings of participating securities		—			(90	)		—			(379	)
Net (loss) income available under the two-class method	$	(13,898	)	$	13,654		$	(59,504	)	$	54,810
Denominator:
Denominator for basic (loss) earnings per share— weighted-average shares		23,008,922			22,944,840			22,994,445			22,946,956
Effect of dilutive potential common shares		—			—			—			—
Denominator for diluted (loss) earnings per share— adjusted weighted-average shares		23,008,922			22,944,840			22,994,445			22,946,956
Basic (loss) earnings per share	$	(0.60	)	$	0.60		$	(2.59	)	$	2.39
Diluted (loss) earnings per share	$	(0.60	)	$	0.60		$	(2.59	)	$	2.39