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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Summary of Numerator and Denominator of Basic and Diluted (Loss) Earnings Per Common Share

A summary of the numerator and denominator of the basic and diluted (loss) earnings per common share is presented below.

 

     Three Months Ended
September 30, 2017
    Three Months Ended
September 30, 2016
 
     Loss
(Numerator)
    Shares
(Denominator)
     Per Share
Amount
    Income
(Numerator)
    Shares
(Denominator)
     Per Share
Amount
 

Net (loss) income

   $ (40,546        $ 11,333       

Less: Loss (income) attributable to participating securities

     2,737            (557     
  

 

 

        

 

 

      

Basic (Loss) Earnings Per Share:

              

(Loss) income allocated to common stockholders

     (37,809     8,519      $ (4.44     10,776       9,209      $ 1.17  
       

 

 

        

 

 

 

Effect of Dilutive Securities:

              

Stock options*

     —         —            —         62     

Convertible senior notes*

     —         —            1,028       1,447     
  

 

 

   

 

 

      

 

 

   

 

 

    

Diluted (Loss) Earnings Per Share:

              

(Loss) income available to common stockholders and assumed conversions

   $ (37,809     8,519      $ (4.44   $ 11,804       10,718      $ 1.10  
  

 

 

   

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

 

     Nine Months Ended
September 30, 2017
    Nine Months Ended
September 30, 2016
 
     Loss
(Numerator)
    Shares
(Denominator)
     Per Share
Amount
    Income
(Numerator)
    Shares
(Denominator)
     Per Share
Amount
 

Net (loss) income

   $ (18,984        $ 24,413       

Less: Loss (income) attributable to participating securities

     1,236            (1,158     
  

 

 

        

 

 

      

Basic (Loss) Earnings Per Share:

              

(Loss) income allocated to common stockholders

     (17,748     8,648      $ (2.05     23,255       9,395      $ 2.48  
       

 

 

        

 

 

 

Effect of Dilutive Securities:

              

Stock options*

     —         —            —         62     

Convertible senior notes*

     —         —            3,206       1,507     
  

 

 

   

 

 

      

 

 

   

 

 

    

Diluted (Loss) Earnings Per Share:

              

(Loss) income available to common stockholders and assumed conversions

   $ (17,748     8,648      $ (2.05   $ 26,461       10,964      $ 2.41  
  

 

 

   

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

 

* Excluded in 2017 due to anti-dilutive effect.