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Earnings Per Share
3 Months Ended
Mar. 31, 2016
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,



2016

 

2015



 

 

 

 

 



(Unaudited)

Numerator (both basic and diluted):

 

 

 

 

 

Net loss

$

(83,339)

 

$

(32,624)

Denominator:

 

 

 

 

 

Denominator for basic loss per share

 

41,608,920 

 

 

40,072,451 

Denominator for diluted loss per share

 

41,608,920 

 

 

40,072,451 

Basic loss per common share:

$

(2.00)

 

$

(0.81)

Diluted loss per common share:

$

(2.00)

 

$

(0.81)



Unvested restricted stock shares of approximately 888,490 were excluded from the computation of diluted loss per share for the three months ended March 31, 2016, and stock options and unvested restricted stock of 593,608 were excluded from the computation of diluted loss per share for the three months ended March 31, 2015, as the effect would have been anti-dilutive.