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Earnings Per Share (Tables)
9 Months Ended
Sep. 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):

 

 

 

 

 

 

 

 

 

 

    

September 30, 

 

 

 

2018

    

2017

    

Three Months Ended

 

 

 

 

 

 

 

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

    

$

229

    

$

(46,967)

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

33,002

 

 

33,105

 

Effect of dilutive securities

 

 

1,419

 

 

 —

 

Average common shares used in diluted computation

 

 

34,421

 

 

33,105

 

Income (loss) per share:

 

 

 

 

 

 

 

Basic

 

$

0.01

 

$

(1.42)

 

Diluted

 

$

0.01

 

$

(1.42)

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

 

 

 

 

 

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

    

$

1,571

    

$

(37,022)

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

32,976

 

 

33,060

 

Effect of dilutive securities

 

 

1,226

 

 

 —

 

Average common shares used in diluted computation

 

 

34,202

 

 

33,060

 

Income (loss) per share:

 

 

 

 

 

 

 

Basic

 

$

0.05

 

$

(1.12)

 

Diluted

 

$

0.05

 

$

(1.12)