Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Net Income (Loss) Per Share

Schedule of basic and diluted net income (loss) per common share

Basic and diluted net income (loss) per common share is computed as follows (in thousands except share and per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
	(in thousands, except share
	and per share data)
Numerator:
Net income (loss) attributable to common stockholders	$	(6,885)	$	47,165	$	(21,519)	$	40,767
Denominator:
Weighted-average common shares outstanding, basic		46,767,759		40,800,586		46,683,744		40,703,688
Dilutive effect of stock options		—		937,874		—		997,574
Weighted average common shares outstanding, diluted		46,767,759		41,738,460		46,683,744		41,701,262
Net income (loss) per share, basic	$	(0.15)	$	1.16	$	(0.46)	$	1.00
Net income (loss) per share, diluted	$	(0.15)	$	1.13	$	(0.46)	$	0.98