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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Components of Numerator and Denominator for Computation of Basic and Diluted 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:
 
Three Months Ended
 
Six Months Ended
June 30,
 
June 30,
2017
 
2016
 
2017
 
2016
 
(amounts in thousands, except per share data)
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to common shareholders - Basic
$
4,850

 
$
(17,237
)
 
$
2,840

 
$
1,785

Interest on Convertible Notes

 
*

 
694

 
1,677

Gain on derivative liability

 
*

 
(1,581
)
 
(12,865
)
Net income (loss) attributable to common shareholders - Diluted
$
4,850

 
$
(17,237
)
 
$
1,953

 
$
(9,403
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average common shares - Basic
35,651

 
32,085

 
34,269

 
32,021

Effective of diluted shares:
 
 
 
 
 
 
 
Share-based awards
370

 

 
522

 
652

Convertible Notes

 

 
1,459

 
3,521

Weighted average common shares - Diluted
36,021

 
32,085

 
36,250

 
36,194

 
 
 
 
 
 
 
 
Net income (loss) per share attributable to common shareholders - Basic
$
0.14

 
$
(0.54
)
 
$
0.08

 
$
0.06

 
 
 
 
 
 
 
 
Net income (loss) per share attributable to common shareholders - Diluted
$
0.13

 
$
(0.54
)
 
$
0.05

 
$
(0.26
)

* For the three months ended June 30, 2016, the Convertible Notes would have been anti-dilutive if converted at the
beginning of the period and therefore, amounts are not applicable.