Earnings (Loss) Per Common Share

12 Months Ended

Dec. 31, 2017

The Company computes basic net income per share using the weighted average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted average number of common shares and the effect of potentially dilutive securities outstanding during the period. Potentially dilutive securities may consist of warrants, restricted stock units or other contingently issuable shares. The dilutive effect of outstanding warrants, restricted stock units and other contingently issuable shares is reflected in diluted earnings per share by application of the treasury stock method.

The following table provides the basis for basic and diluted EPS by reconciling the numerators and denominators of the computations:



	Successor		Predecessor
	Year Ended December 31, 2017	October 2 through December 31, 2016	January 1 through October 1, 2016	Year Ended December 31, 2015
(In Thousands)
Weighted average shares outstanding:
Basic weighted average shares outstanding	23,725	25,002	21,293	21,285
Effect of dilutive securities	515	467	20	—

Diluted weighted average shares outstanding	24,240	25,469	21,313	21,285