XML 29 R19.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Share
3 Months Ended
Mar. 31, 2016
Earnings Per Share  
Earnings Per Share

(11)     Earnings Per Share

 

The following is a reconciliation of the basic and diluted (loss) income per share computations (amounts in thousands, except per share amounts):

 

 

 

March 31,

 

 

 

2016

 

2015

 

Three Months Ended

 

 

 

 

 

Net (loss) income for basic and diluted (loss) income per share

 

$

(2,506

)

$

16,733

 

 

 

 

 

 

 

 

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

Average common shares used in basic computation

 

33,106

 

34,268

 

Effect of dilutive securities

 

 

1,183

 

 

 

 

 

 

 

Average common shares used in diluted computation

 

33,106

 

35,451

 

 

 

 

 

 

 

(Loss) income per share:

 

 

 

 

 

Basic

 

$

(0.08

)

$

0.49

 

 

 

 

 

 

 

 

 

Diluted

 

$

(0.08

)

$

0.47

 

 

 

 

 

 

 

 

 

 

There are no anti-dilutive equity awards for the three month periods ended March 31, 2016 and 2015.