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Earnings Per Common Share
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings (loss) Per Common Share
Earnings Per Common Share
The following table presents a reconciliation of the numerators and denominators of the basic earnings per share and diluted earnings per share computations (amounts in thousands, except per share data):
 
Three months ended September 30,
 
Nine months ended September 30,
 
2016
 
2015
 
2016
 
2015
Numerator (both basic and diluted):
 
 
 
 
 
 
 
Net loss
$
(34,620
)
 
$
(17,540
)
 
$
(92,310
)
 
$
(106,840
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted-average shares (denominator for basic earnings per share)
64,905

 
64,449

 
64,755

 
64,262

Diluted effect of outstanding stock options, restricted stock and restricted stock unit awards

 

 

 

 
 
 
 
 
 
 
 
Denominator for diluted earnings per share
64,905

 
64,449

 
64,755

 
64,262

 
 
 
 
 
 
 
 
Loss per common share—Basic
$
(0.53
)
 
$
(0.27
)
 
$
(1.43
)
 
$
(1.66
)
 
 
 
 
 
 
 
 
Loss per common share—Diluted
$
(0.53
)
 
$
(0.27
)
 
$
(1.43
)
 
$
(1.66
)
 
 
 
 
 
 
 
 
Potentially dilutive securities excluded as anti-dilutive
4,550

 
5,273

 
4,985

 
4,862