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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2014
Accounting Policies [Abstract]  
Reconciliation of Basic and Diluted Income (Loss) Per Share

The following table illustrates the reconciliation of the basic and diluted per share computations (in thousands, except share and per share data):

 

 

 

Year Ended

 

 

Year Ended

 

 

Year Ended

 

 

 

December 31,

 

 

December 31,

 

 

December 31,

 

 

 

2014

 

 

2013

 

 

2012

 

Basic earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

27,122

 

 

$

133,825

 

 

$

13,601

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic

 

 

88,680,322

 

 

 

87,401,123

 

 

 

85,882,646

 

Per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share

 

$

0.31

 

 

$

1.53

 

 

$

0.16

 

Diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

27,122

 

 

$

133,825

 

 

$

13,601

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

88,680,322

 

 

 

87,401,123

 

 

 

85,882,646

 

Dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

1,856,707

 

 

 

1,625,668

 

 

 

89,418

 

Restricted stock units

 

 

406,705

 

 

 

311,905

 

 

 

342,142

 

Diluted shares outstanding

 

 

90,943,734

 

 

 

89,338,696

 

 

 

86,314,206

 

Per share:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share

 

$

0.30

 

 

$

1.50

 

 

$

0.16