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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 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 (dollars in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

    

2018

    

2017

    

2016

 

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

 

$

691

    

$

(39,440)

    

$

(25,918)

 

Shares of common stock and common stock equivalents:

 

 

 

 

 

 

 

 

 

 

Average common shares used in basic computation

 

 

33,003

 

 

33,009

 

 

32,906

 

Effect of dilutive securities

 

 

1,404

 

 

 —

 

 

 —

 

Average common shares used in diluted computation

 

 

34,407

 

 

33,009

 

 

32,906

 

Income (loss) per share:

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.02

 

$

(1.19)

 

$

(0.79)

 

Diluted

 

$

0.02

 

$

(1.19)

 

$

(0.79)