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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 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):

 

 

 

 

 

 

 

 

 

 

 

 

    

June 30, 

 

 

 

2017

    

2016

 

Three Months Ended

 

 

 

 

 

 

 

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

    

$

4,643

    

$

(5,217)

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

33,125

 

 

33,189

 

Effect of dilutive securities

 

 

1,097

 

 

 —

 

Average common shares used in diluted computation

 

 

34,222

 

 

33,189

 

Income (loss) per share:

 

 

 

 

 

 

 

Basic

 

$

0.14

 

$

(0.16)

 

Diluted

 

$

0.14

 

$

(0.16)

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

 

 

 

 

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

    

$

9,945

    

$

(7,723)

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

33,037

 

 

33,147

 

Effect of dilutive securities

 

 

1,143

 

 

 —

 

Average common shares used in diluted computation

 

 

34,180

 

 

33,147

 

Income (loss) per share:

 

 

 

 

 

 

 

Basic

 

$

0.30

 

$

(0.23)

 

Diluted

 

$

0.29

 

$

(0.23)