XML 26 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Earnings Per Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share ("EPS") for the periods presented (in thousands, except per share amounts):
 
Three Months Ended
March 31,
 
2017
 
2016
Net income (loss):
 
 
 
Net income (loss) from continuing operations
$
42,062

 
$
(37,327
)
Net income from discontinued operations

 
6,216

Net income (loss)
$
42,062

 
$
(31,111
)
Weighted-average shares used to calculate basic EPS
72,773

 
68,132

Effect of dilutive securities:
 
 
 
Employee equity awards
594

 

Weighted-average shares used to calculate diluted EPS
73,367

 
68,132

Basic EPS:
 
 
 
Continuing operations
$
0.58

 
$
(0.55
)
Discontinued operations

 
0.09

Basic EPS
$
0.58

 
$
(0.46
)
Diluted EPS:
 
 
 
Continuing operations
$
0.57

 
$
(0.55
)
Discontinued operations

 
0.09

Diluted EPS
$
0.57

 
$
(0.46
)

The following table sets forth weighted-average outstanding potential shares of common stock that are not included in the diluted earnings per share calculation above because to do so would be anti-dilutive for the periods indicated (in thousands):
 
Three Months Ended
March 31,
 
2017
 
2016
Shares reserved for conversion of 4.75% convertible subordinated notes

 
1,969

Common stock related to employee equity awards
93

 
1,583

Total
93

 
3,552