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Net Income (Loss) Per Share
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

Note 18. Net Income (Loss) Per Share

The following summarizes the computation of basic and diluted net income (loss) per share.

 

     Year Ended December 31,  
     2017      2016      2015  

Income (loss) from continuing operations

    $ 25,364      $ (9,490 )     $ (24,375 ) 

Income from discontinued operations, net of tax

      137,688        16,153        17,889  
  

 

 

     

 

 

     

 

 

  

Net income (loss)

    $ 163,052      $ 6,663      $ (6,486 ) 
  

 

 

     

 

 

     

 

 

  

Weighted average shares outstanding

      27,433        27,016        21,181  

Effect of dilutive stock options

      322        —          —    
  

 

 

     

 

 

     

 

 

  

Diluted shares outstanding

      27,755        27,016        21,181  
  

 

 

     

 

 

     

 

 

  

Basic income (loss) from continuing operations per share

    $ 0.92      $ (0.35 )     $ (1.15 ) 

Basic income from discontinued operations per share

      5.02        0.60        0.84  
  

 

 

     

 

 

     

 

 

  

Basic net income (loss) per share

    $ 5.94      $ 0.25      $ (0.31 ) 
  

 

 

     

 

 

     

 

 

  

Diluted income (loss) from continuing operations per share

    $ 0.91      $ (0.35 )     $ (1.15 ) 

Diluted income from discontinued operations per share

      4.96        0.60        0.84  
  

 

 

     

 

 

     

 

 

  

Diluted net income (loss) per share

    $ 5.87      $ 0.25      $ (0.31 ) 
  

 

 

     

 

 

     

 

 

  

 

The calculations of diluted income (loss) from continuing operations per share for the years ended December 31, 2017, 2016, and 2015, exclude 0.4 million, 0.8 million, and 1.0 million stock options which had the effect of being anti-dilutive. Given the net loss from continuing operations in 2016 and 2015, all options are considered anti-dilutive in those years. Stock options excluded from the calculations of diluted income (loss) from continuing operations per share for the years ended December 31, 2017, 2016, and 2015, had a per share exercise price ranging from $4.42 to $25.16 in each respective year.