Loss Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Computation of Basic and Diluted Net Loss Per Common Share

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
	(Dollars In Thousands, Except Per Share Amounts)
Numerator:
Net income (loss)	$	6,631		$	(27,506	)	$	(4,909	)	$	(33,097	)
Adjustments for basic net loss per common share:
Dividend requirements on Series E Redeemable Preferred		(7,589	)		(6,628	)		(14,845	)		(12,966	)
Dividend requirements on Series B Preferred		(60	)		(60	)		(120	)		(120	)
Dividend requirements on Series D Preferred		(15	)		(15	)		(30	)		(30	)
Accretion of Series E Redeemable Preferred		(497	)		(802	)		(993	)		(2,401	)
Numerator for basic and dilutive net loss per common share - net loss attributable to common stockholders	$	(1,530	)	$	(35,011	)	$	(20,897	)	$	(48,614	)

Denominator:
Denominator for basic and dilutive net loss per common share - adjusted weighted-average shares (1)		28,050,848			27,492,979			28,004,936			27,476,180

Basic and dilutive net loss per common share	$	(0.05	)	$	(1.27	)	$	(0.75	)	$	(1.77	)

(1)

Excludes the weighted-average shares of unvested restricted stock that are contingently issuable.

Antidilutive Securities Excluded from Computation of Diluted Net Income (Loss) Per Common Share

The following weighted-average shares of securities were not included in the computation of diluted net loss per common share as their effect would have been antidilutive:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Restricted stock and stock units		806,711		1,160,116		868,548		1,177,715
Convertible preferred stocks		916,666		916,666		916,666		916,666
Series E Redeemable Preferred - embedded derivative		303,646		303,646		303,646		303,646
Stock options		124,000		180,309		124,000		188,215
		2,151,023		2,560,737		2,212,860		2,586,242