Earnings Per Share

6 Months Ended

Jun. 30, 2016

(12) Earnings Per Share

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

	June 30,
	2016			2015
Three Months Ended
Net loss for basic and diluted loss per share	$	(5,217	)	$	(10,210	)

Shares of common stock and common stock equivalents:
Average common shares used in basic computation	33,189			34,076
Effect of dilutive securities	—			—

Average common shares used in diluted computation	33,189			34,076

(Loss) income per share:
Basic	$	(0.16	)	$	(0.30	)

Diluted	$	(0.16	)	$	(0.30	)


Six Months Ended
Net (loss) income for basic and diluted (loss) income per share	$	(7,723	)	$	6,523

Shares of common stock and common stock equivalents:
Average common shares used in basic computation	33,147			34,172
Effect of dilutive securities	—			1,157

Average common shares used in diluted computation	33,147			35,329

(Loss) income per share:
Basic	$	(0.23	)	$	0.19

Diluted	$	(0.23	)	$	0.18

There were no anti-dilutive equity awards for the three and six month periods ended June 30, 2016 and the three month period ended June 30, 2015 due to the fact that the Company recorded a loss. There were 7,000 shares underlying equity awards for the six month period ended June 30, 2015 that were outstanding but were anti-dilutive and thus not included in the computation of diluted EPS.