Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table sets forth the computation of the Company’s basic and diluted net income (loss) per share attributable to common stock (in thousands, except per share data):

	Three Months Ended June 30,					Six Months Ended June 30,
	2015			2014		2015		2014
Numerator (basic)
Net income (loss)	$	(1,308	)	$	6,221	$	14,503	$	7,761
Less net income allocated to participating securities		–			–		–		(2,366	)
Net income (loss) attributable to common stock	$	(1,308	)	$	6,221	$	14,503	$	5,395
Denominator (basic)
Weighted average shares of common stock outstanding		70,305			69,053		70,252		42,914
Basic EPS	$	(0.02	)	$	0.09	$	0.21	$	0.13
Numerator (diluted)
Net income (loss)	$	(1,308	)	$	6,221	$	14,503	$	7,761
Less net income allocated to participating securities		–			–		–		(2,253	)
Net income (loss) attributable to common stock	$	(1,308	)	$	6,221	$	14,503	$	5,508
Denominator (diluted)
Weighted average shares of common stock		70,305			69,053		70,252		42,914
Dilutive effect of stock options and restricted stock units		–			3,605		2,839		3,114
Weighted average shares of common stock outstanding		70,305			72,659		73,091		46,028
Diluted EPS	$	(0.02	)	$	0.09	$	0.20	$	0.12
Common stock equivalents excluded from income (loss) per diluted    share because of their anti-dilutive effect		3,589			143		850		827