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NET (LOSS) INCOME PER SHARE (Tables)
6 Months Ended
Jun. 30, 2018
NET (LOSS) INCOME PER SHARE  
Schedule of calculation of basic and diluted earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

(in thousands, except for per share amounts)

    

2018

    

2017

    

2018

    

2017

 

Basic and diluted net (loss) income per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(21,048)

 

$

(26,659)

 

$

12,776

 

$

(53,400)

 

Denominator

 

 

63,719

 

 

62,532

 

 

63,611

 

 

62,331

 

Basic net (loss) income per share

 

$

(0.33)

 

$

(0.43)

 

$

0.20

 

$

(0.86)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net (loss) income per share

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(21,048)

 

$

(26,659)

 

$

12,776

 

$

(53,400)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic (loss) income per share

 

 

63,719

 

 

62,532

 

 

63,611

 

 

62,331

 

Add effect of diluted securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and equivalents

 

 

 —

 

 

 —

 

 

496

 

 

 —

 

Denominator for diluted (loss) income per share

 

 

63,719

 

 

62,532

 

 

64,107

 

 

62,331

 

Diluted net (loss) income per share

 

$

(0.33)

 

$

(0.43)

 

$

0.20

 

$

(0.86)

 

 

Schedule of anti-dilutive securities excluded from computation of diluted net (loss) income per share

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

June 30,

 

(in thousands)

    

 

2018

    

 

2017

 

Convertible debt

 

 

17,931

 

 

17,931

 

Stock options and equivalents

 

 

3,902

 

 

8,215

 

Total potentially dilutive common shares

 

 

21,833

 

 

26,146