NET INCOME PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

NET INCOME PER SHARE

Schedule of calculation of basic and diluted earnings per common share

	Three Months Ended March 31,
(in thousands, except for per share amounts)	2015			2014
Basic (loss) income per share
Net (loss) income	$	(11,633	)	$	17,939
Denominator	59,561			57,546
Basic net (loss) income per share	$	(0.20	)	$	0.31
Diluted net (loss) income per share
Net (loss) income	$	(11,633	)	$	17,939
Denominator:
Denominator for basic net (loss) income per share	59,561			57,546
Add effect of dilutive securities:
Stock options and equivalents	—			2,377
Denominator for diluted net (loss) income per share	59,561			59,923
Diluted net (loss) income per share	$	(0.20	)	$	0.30

Schedule of outstanding potential shares of common stock excluded from the computation of diluted net income as they would have been anti dilutive

	Three Months Ended March 31,
(in thousands)	2015	2014
Convertible debt	17,931	—
Stock options and equivalents	4,026	800
Total potentially dilutive shares	21,957	800