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Equity (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of the Numerator and Denominator for Calculating Earnings Per Share

The following table presents the reconciliation of the numerator and denominator for calculating earnings per share (in thousands, except share and per share amounts):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Basic EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(3,900

)

 

$

1,718

 

 

$

(21,493

)

 

$

(144

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

22,289,177

 

 

 

13,835,128

 

 

 

17,433,079

 

 

 

13,835,128

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic (loss) income per common share

 

$

(0.17

)

 

$

0.12

 

 

$

(1.23

)

 

$

(0.01

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(3,900

)

 

$

1,718

 

 

$

(21,493

)

 

$

(144

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

22,289,177

 

 

 

13,835,128

 

 

 

17,433,079

 

 

 

13,835,128

 

Add:  Dilutive effect of restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

 

22,289,177

 

 

 

13,835,128

 

 

 

17,433,079

 

 

 

13,835,128

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted (loss) income per common share

 

$

(0.17

)

 

$

0.12

 

 

$

(1.23

)

 

$

(0.01

)