Net Income (Loss) Per Share

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Note 3. Net Income (Loss) Per Share

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2017			2016		2017			2016
Net income (loss)	$	(21,529	)	$	2,119	$	(14,122	)	$	760
Weighted average shares outstanding		27,468			27,024		27,358			26,923
Effect of dilutive stock options		—			163		—			127
Diluted shares outstanding		27,468			27,187		27,358			27,050
Basic net income (loss) per share	$	(0.78	)	$	0.08	$	(0.52	)	$	0.03
Diluted net income (loss) per share	$	(0.78	)	$	0.08	$	(0.52	)	$	0.03

For both the three and six month periods ended June 30, 2016, approximately 0.9 million potentially dilutive stock options had the effect of being anti-dilutive and were excluded from the calculation of diluted net income per share. Given the net loss for the three and six months ended June 30, 2017, all options are considered anti-dilutive and were excluded from the calculation of diluted net loss per share.