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EARNING (LOSS) PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Earnings Per Share Computations
The following are computations of basic and diluted earnings (loss) per share (in thousands except for per share amounts):
 
Years Ended December 31,
 
2015
 
2014
 
2013
Numerator for basic and diluted earnings (loss) per share:
 
 
 
 
 
Net income (loss)
$
44,102

 
$
(28,328
)
 
$
95,566

Denominator:
 
 
 
 
 
  Weighted basic shares outstanding
58,324

 
60,311

 
60,574

  Dilutive effect of equity-based compensation awards
110

 
—

 
154

  Weighted dilutive shares outstanding
58,434

 
60,311

 
60,728


 
 
 
 
 
Basic earnings (loss) per share
$
0.76

 
$
(0.47
)
 
$
1.58

Diluted earnings (loss) per share
$
0.76

 
$
(0.47
)
 
$
1.57