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 September 30,					Nine Months Ended September 30,
(in thousands, except per share amounts)	2017		2016			2017		2016
Basic income (loss) per share
Net income (loss)	$	3,534	$	(7,596	)	$	5,795	$	(711	)
Basic weighted average shares outstanding	49,133		48,909			49,100		48,768
Basic income (loss) per share	$	0.07	$	(0.16	)	$	0.12	$	(0.01	)

Effect of stock options and awards outstanding:
Basic weighted average shares outstanding	49,133		48,909			49,100		48,768
Effect from dilutive shares and options outstanding	826		—			769		—
Diluted weighted average shares	49,959		48,909			49,869		48,768
Diluted income (loss) per share	$	0.07	$	(0.16	)	$	0.12	$	(0.01	)

Due to the net loss for the three and nine months ended September 30, 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, 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 September 30,		Nine Months Ended September 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	—	893	94	778