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EARNINGS (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2017
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,
 
2017
 
2016
 
2015
Numerator for basic and diluted earnings (loss) per share:
 
 
 
 
 
Net income (loss)
$
100,739

 
$
(39,873
)
 
$
44,102

Denominator:
 
 
 
 
 
  Weighted basic shares outstanding
57,072

 
57,532

 
58,324

  Dilutive effect of equity-based compensation awards
128

 

 
110

  Weighted dilutive shares outstanding
57,200

 
57,532

 
58,434


 
 
 
 
 
Basic earnings (loss) per share
$
1.77

 
$
(0.69
)
 
$
0.76

Diluted earnings (loss) per share
$
1.76

 
$
(0.69
)
 
$
0.76