Earnings (loss) per share ("EPS")

Basic net income (loss) per share was computed by dividing net income or loss by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share was computed under the treasury stock method, assuming the conversion as of the beginning of the period, for all dilutive stock options. Diluted EPS was computed by dividing net income by the sum of the weighted average number of shares of common stock outstanding and potentially dilutive securities outstanding during the period under the treasury stock method. Potentially dilutive securities include stock options and restricted stock units and shares that the Company is contractually obligated to issue in the future.



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands, except per share amounts)	2017			2016			2017		2016
Basic income (loss) per share
Net income (loss)	$	(80	)	$	(6,995	)	$	2,261	$	6,885
Basic weighted average shares outstanding	49,115			48,830			49,083		48,696
Basic income (loss) per share	$	—		$	(0.14	)	$	0.05	$	0.14

Effect of stock options and awards outstanding:
Basic weighted average shares outstanding	49,115			48,830			49,083		48,696
Effect from dilutive shares and options outstanding	—			—			767		719
Diluted weighted average shares	49,115			48,830			49,850		49,415
Diluted income (loss) per share	$0.00			$	(0.14	)	$	0.05	$	0.14

Due to the net loss for the three months ended June 30, 2017 and 2016, no adjustment was made to basic shares, as such an adjustment would have been anti-dilutive.

The computation of diluted EPS does not include certain unvested awards, on a weighted average basis, for the three months ended June 30, 2017 and 2016, respectively, because their inclusion would have an anti-dilutive effect on EPS. The awards excluded because of their anti-dilutive effect are as follows:



	Three Months Ended June 30,		Six Months Ended June 30,
(in thousands)	2017	2016	2017	2016
Awards excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive	786	703	87	22