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Earnings Per Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
The following table sets forth the components of the numerator and denominator for the computation of the basic and diluted earnings per share:
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(amounts in thousands, except per share data)
Numerator:
 
 
 
 
 
Net income (loss) attributable to common shareholders - Basic
$
7,967

 
$
4,418

 
$
(31,783
)
Interest on Convertible Notes
3,383

 
*

 
*

(Gain) loss on derivative liability
(5,805
)
 
*

 
*

Net income (loss) attributable to common shareholders - Diluted
$
5,545

 
$
4,418

 
$
(31,783
)
 
 
 
 
 
 
Denominator:
 
 
 
 
 
Weighted average common shares - Basic
32,132

 
31,514

 
31,190

Effective of diluted shares:
 
 
 
 
 
Share-based awards
593

 
648

 

Convertible Notes
3,521

 

 

Weighted average common shares - Diluted
36,246

 
32,162

 
31,190

 
 
 
 
 
 
Net income (loss) per share attributable to common shareholders - Basic
$
0.25

 
$
0.14

 
$
(1.02
)
 
 
 
 
 
 
Net income (loss) per share attributable to common shareholders - Diluted
$
0.15

 
$
0.14

 
$
(1.02
)

 
* For the years 2015 and 2014, the Convertible Notes would have been anti-dilutive if converted at the beginning of the respective periods and therefore, amounts are not applicable.

For the periods presented, no tax benefits have been assumed in the weighted average share calculation due to a full valuation allowance on the Company's deferred tax assets.

The following table represents the securities that could potentially dilute net income per share attributable to common shareholders in the future that were not included in the computation of diluted net income per share attributable to common shareholders because to do so would have been anti-dilutive for the periods presented.
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
(amounts in thousands)
Convertible notes and share-based awards

 
3,521

 
3,856