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Earnings (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Reconciliation of Average Share Amounts used to Compute Both Basic and Diluted Earnings (Loss) Per Share

The following table reconciles the average share amounts used to compute both basic and diluted earnings (loss) per share (in thousands):

 

     Three Months Ended
March 31,
 
     2017      2016  

Weighted average shares outstanding:

     

Basic weighted average shares outstanding

     116,610        118,679  

Add: Dilutive effect of stock options

     —          1,259  
  

 

 

    

 

 

 

Diluted weighted average shares outstanding

     116,610        119,938