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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2017
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 (amounts in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

    

March 31, 

 

 

 

2017

    

2016

 

Three Months Ended

 

 

 

 

 

 

 

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

    

$

5,302

    

$

(2,506)

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

32,949

 

 

33,106

 

Effect of dilutive securities

 

 

1,181

 

 

 —

 

Average common shares used in diluted computation

 

 

34,130

 

 

33,106

 

Income (loss) per share:

 

 

 

 

 

 

 

Basic

 

$

0.16

 

$

(0.08)

 

Diluted

 

$

0.16

 

$

(0.08)