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LOSS PER SHARE
 3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
LOSS PER SHARE
LOSS PER SHARE     
The following are computations of basic and diluted loss per share (in thousands except for per share amounts):
 
Three Months Ended
 
March 31,
 
2016
 
2015
Numerator for basic and diluted earnings per share:
 

 
 

Net loss
$
(20,871
)
 
$
(7,089
)
 
 
 
 
Denominator:
 

 
 

Basic shares outstanding
57,617

 
58,875

Dilutive shares outstanding
57,617

 
58,875

 
 
 
 
Basic loss per share:
$
(0.36
)
 
$
(0.12
)
 
 

 
 

Diluted loss per share:
$
(0.36
)
 
$
(0.12
)

As a result of the net loss reported for the three months ended March 31, 2016 and 2015, all then outstanding stock options, restricted stock awards and performance awards totaling 474,318 and 539,983, respectively, were excluded from the calculation of diluted loss per share as their inclusion would have an antidilutive effect.