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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Computations for Basic and Diluted Earnings (Loss) Per Share

The computations for basic and diluted earnings (loss) per share are as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(shares in thousands)

 

September 30,

 

 

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

11,702

 

 

$

(3,228

)

 

$

1,407

 

 

$

(12,026

)

Loss from discontinued operations, net of income taxes

 

 

 

 

 

 

 

 

 

 

 

(12,697

)

Net income (loss)

 

 

11,702

 

 

 

(3,228

)

 

 

1,407

 

 

 

(24,723

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — basic

 

 

62,358

 

 

 

61,462

 

 

 

62,147

 

 

 

61,290

 

Effect of stock options and restricted stock units

 

 

902

 

 

 

 

 

 

1,193

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding — diluted

 

 

63,260

 

 

 

61,462

 

 

 

63,340

 

 

 

61,290

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share from continuing operations — basic

 

$

0.19

 

 

$

(0.05

)

 

$

0.02

 

 

$

(0.19

)

Earnings (loss) per share from continuing operations — diluted

 

$

0.18

 

 

$

(0.05

)

 

$

0.02

 

 

$

(0.19

)

 

Schedule of Stock Options and Restricted Stock Units Excluded from Calculation of Anti-Diluted Earnings Per Share

For the quarter and nine months ended September 30, 2018 and 2017, the following stock options and restricted stock units were excluded from the calculation of diluted earnings per share as such stock options and restricted stock units were determined to be anti-dilutive:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

(shares in thousands)

 

September 30,

 

 

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Effect of stock options and restricted stock units

 

 

1,224

 

 

 

1,288

 

 

 

1,489

 

 

 

1,399