Reconciliation of Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Reconciliation of Net Income (Loss) Per Share

14) Reconciliation of Net Income (Loss) Per Share

	Year ended December 31,
	2016		2015			2014
Net income (loss)	$	7,942	$	(7,431	)	$	8,217
Weighted average shares outstanding		27,016		21,181			17,887
Effect of dilutive stock options		138		—			366
Diluted shares outstanding		27,154		21,181			18,253
Basic net income (loss) per share	$	0.29	$	(0.35	)	$	0.46
Diluted net income (loss) per share	$	0.29	$	(0.35	)	$	0.45

Excluded from the dilutive shares outstanding for the year ended December 31, 2016 were 163,200 of anti-dilutive options, which had per share exercise prices ranging from of $19.63 to $25.16. Given the net loss for the year ended December 31, 2015, all options are considered anti-dilutive. Excluded from the dilutive shares outstanding for the year ended December 31, 2014 were 98,000 of anti-dilutive options, which had per share exercise prices ranging from of $19.63 to $22.49.