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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2019
EARNINGS PER SHARE  
Schedule of reconciliation of numerators and denominators used to calculate basic and diluted net loss per share

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

March 31, 

(in thousands except per share data)

    

2019

    

2018

 

 

 

 

 

 

 

Net loss

 

$

(6,951)

 

$

(22,618)

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

37,001,977

 

 

36,498,482

Effect of potentially dilutive restricted stock units and options (1)

 

 

 —

 

 

 —

Weighted average shares outstanding - diluted

 

 

37,001,977

 

 

36,498,482

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted loss per share

 

$

(0.19)

 

$

(0.62)


(1) In accordance with ASC 260 - Earnings Per Share, during periods of a net loss, shares used to compute diluted per share amounts exclude potentially dilutive shares related to unvested restricted stock units and unexercised options.  For the three months ended March 31, 2019, shares excluded were 889,093.  For the three months ended March 31, 2018, shares excluded were 537,497.