Net Income (Loss) per Share

9 Months Ended

Sep. 30, 2015

Net Income (Loss) per Share [Abstract]

Net Income (Loss) per Share

(7)Net Income (Loss) per Share

We compute net income (loss) per share using the two-class method, which is an allocation formula that determines net income (loss) per share for common stock and participating securities, which for us are our outstanding RSUs. Outstanding RSUs have been excluded from the calculation of diluted weighted average shares outstanding because the impact would be anti-dilutive.

The following table sets forth the computation of net income (loss) allocated to common shareholders for the nine and three months ended September 30, 2015 and 2014 (in thousands): 

	Nine months ended September 30,				Three months ended September 30,
		2015		2014		2015		2014
Numerator:
Net income (loss)	$	19,588	$	826	$	5,144	$	(5,768)
Less earnings allocated to RSUs		(595)		(23)		(155)
Net income (loss) allocated to common shareholders	$	18,993	$	803	$	4,989	$	(5,768)