Net (Loss) Income Per Share

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Net (Loss) Income Per Share

NOTE 17—NET (LOSS) INCOME PER SHARE

Basic net (loss) income per common share has been computed using the weighted-average number of shares of common stock outstanding during the period. As a result of the Company’s net losses for the year ended December 31, 2014, all common stock equivalents aggregating 620 were excluded from the calculation of diluted loss per share for that year given their anti-dilutive effect. Diluted earnings per share is computed by dividing net income by the weighted average number of common shares outstanding plus common stock equivalents for each period.

	Year ended December 31,
	2014			2013			2012
Weighted average shares outstanding		23,552			19,794			16,012
Less: restricted stock issued		(160	)		(254	)		(251	)
Basic divisor		23,392			19,540			15,761
Dilutive shares:
Restricted stock awards		—			239			138
Stock options		—			272			187
Diluted divisor		23,392			20,051			16,086
Net (loss) income	$	(8,942	)	$	5,753		$	96,308
Net (loss) income per share:
Basic	$	(0.38	)	$	0.29		$	6.11
Diluted	$	(0.38	)	$	0.29		$	5.99