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Earnings (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Summary of Reconciliation of Earnings (Loss) Per Common Share

The following table reconciles earnings (loss) per common share for the three- and nine-month periods ended September 30, 2015 and 2014:

 

    Three Months
Ended
September 30,
2015
    Three Months
Ended
September 30,
2014
    Nine Months
Ended
September 30,
2015
    Nine Months
Ended
September 30,
2014
 

Basic Earnings (Loss) per Common Share:

       

Numerator:

       

Net loss

  $ (4,469   $ (1,985   $ (12,631   $ (6,651

Distributed earnings to common shares

    —         —         —         1,553   

Distributed earnings to participating securities

    —         —         —         101   
 

 

 

   

 

 

   

 

 

   

 

 

 

Total distributed earnings

    —         —         —         1,654   

Undistributed loss allocable to common shares

    (4,469     (1,985     (12,631     (8,305

Undistributed earnings allocable to participating securities

    —         —         —         —    

Total undistributed loss

    (4,469     (1,985     (12,631     (8,305
 

 

 

   

 

 

   

 

 

   

 

 

 

Loss to common shares—basic

  $ (4,469   $ (1,985   $ (12,631   $ (6,752

Denominator

       

Weighted average common shares outstanding—basic

    8,309        7,176        8,101        7,097   

Basic earnings (loss) per common share

  $ (0.54   $ (0.28   $ (1.56   $ (0.95
 

 

 

   

 

 

   

 

 

   

 

 

 

 

    Three Months
Ended
September 30,
2015
    Three Months
Ended
September 30,
2014
    Nine Months
Ended
September 30,
2015
    Nine Months
Ended
September 30,
2014
 

Diluted Earnings (Loss) per Common Share:

       

Numerator:

       

Loss to common shares—basic

  $ (4,469   $ (1,985   $ (12,631   $ (6,752

Undistributed earnings allocated to participating securities

    —         —         —         —    

Undistributed earnings reallocated to participating securities

    —         —         —         —    
 

 

 

   

 

 

   

 

 

   

 

 

 

Loss to common shares—diluted

  $ (4,469   $ (1,985   $ (12,631   $ (6,752

Denominator

       

Weighted average common shares outstanding—basic

    8,309        7,176        8,101        7,097   

Dilutive effect of stock options

    —         —         —         —    
 

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares outstanding—dilutive

    8,309        7,176        8,101        7,097   

Diluted earnings (loss) per common share

  $ (0.54   $ (0.28   $ (1.56   $ (0.95