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Earnings Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share

10. Earnings Per Share

The following table sets forth the computation of unaudited basic and diluted loss per share (in thousands, except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31,

 

2015

 

2014

 

 

 

 

 

 

 

(Unaudited)

Numerator (both basic and diluted):

 

 

 

 

 

Net loss

$
(32,624)

 

$
(1,907)

Denominator:

 

 

 

 

 

Denominator for basic loss per share

 
40,072,451 

 

 
40,605,180 

Stock options

 

 —

 

 

 —

Unvested restricted stock

 

 —

 

 

 —

Denominator for diluted loss per share

 
40,072,451 

 

 
40,605,180 

Basic loss per common share:

$
(0.81)

 

$
(0.05)

Diluted loss per common share:

$
(0.81)

 

$
(0.05)

 

Stock options and unvested restricted stock shares of approximately 593,608 and 722,301 were excluded in the computation of diluted loss per share for the three months ended March 31, 2015 and 2014, respectively, as the effect would have been anti-dilutive.