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Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings Per Common Share Computations

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the years ended December 31, 2018, 2017 and 2016.

 

     December 31,  
     2018      2017      2016  

Basic:

        

Net (loss) income

   $ ( 33,867    $ 5,285      $ (67,138

Less deemed dividend related to beneficial conversion feature on Series B Preferred Stock

     (12,500      —          —    

Net (loss) income attributable to common stockholders, basic

   $ (46,367    $ 5,285      $ (67,138
  

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding

     63,165,063        55,355,802        53,679,134  
  

 

 

    

 

 

    

 

 

 

Basic (loss) income per common share

   $ (0.73    $ 0.10      $ (1.25
  

 

 

    

 

 

    

 

 

 

 

     December 31,  
     2018      2017      2016  

Diluted:

        

Effect of dilutive securities:

        

Net (loss) income attributable to common stockholders, diluted

   $ (46,367    $ 5,285      $ (67,138
  

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding

     63,165,063        55,355,802        53,679,134  

Effect of dilutive options and warrants

     —          1,046,677      —    
  

 

 

    

 

 

    

 

 

 

Diluted weighted average common shares outstanding

     63,165,063        56,402,479        53,679,134  
  

 

 

    

 

 

    

 

 

 

Diluted (loss) income per common share

   $ (0.73    $ 0.09      $ (1.25
  

 

 

    

 

 

    

 

 

 
Schedule of Total Outstanding Options, RSUs and Warrants

The following is the total outstanding options, RSUs and warrants for the years ended December 31, 2018, 2017 and 2016, respectively.

 

     2018      2017      2016  

Options, RSUs, warrants and convertible preferred stock to purchase Common Stock

     10,739,378        9,555,869        10,228,929