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Earnings (loss) per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Table Illustrating Computation of Basic and Diluted Earnings (Loss) Per Common Share

The following table illustrates the computation of basic and diluted earnings (loss) per common share:

 

     Year Ended December 31,  
     2013     2012
(As Restated)
     2011
(As Restated)
 

Net income (loss)

   $ (64,203   $ 110,038       $ (11,301

Weighted average common stock outstanding

       

Basic

     35,232,194        36,567,684         38,775,642   

Diluted

     35,232,194        37,533,391         38,775,642   

Earnings (loss) per share

       

Basic

   $ (1.82   $ 3.01       $ (0.29

Diluted

   $ (1.82   $ 2.93       $ (0.29
  

 

 

   

 

 

    

 

 

 
Table Showing Outstanding Options and Warrants Excluded from Computation of Diluted Earnings (Loss) Per Share

The following outstanding instruments were excluded from the computation of diluted earnings (loss) per share, as they would have an anti-dilutive effect on the calculation:

 

     Year Ended December 31,  
     2013      2012
(As Restated)
     2011
(As Restated)
 

Options

     2,944,645         255,023         2,008,960   

Warrants

     1,426,330         1,874,977         1,875,017