Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share

Reconciliation of the basic and diluted earnings per share computations

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