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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
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, 

 

 

 

2018

    

2017

    

Three Months Ended

 

 

 

 

 

 

 

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

    

$

(3,035)

    

$

4,643

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

33,035

 

 

33,125

 

Effect of dilutive securities

 

 

 —

 

 

1,097

 

Average common shares used in diluted computation

 

 

33,035

 

 

34,222

 

(Loss) income per share:

 

 

 

 

 

 

 

Basic

 

$

(0.09)

 

$

0.14

 

Diluted

 

$

(0.09)

 

$

0.14

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

 

 

 

 

Net income for basic and diluted income per share

    

$

1,342

    

$

9,945

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

32,963

 

 

33,037

 

Effect of dilutive securities

 

 

1,023

 

 

1,143

 

Average common shares used in diluted computation

 

 

33,986

 

 

34,180

 

Income per share:

 

 

 

 

 

 

 

Basic

 

$

0.04

 

$

0.30

 

Diluted

 

$

0.04

 

$

0.29