Net Income (Loss) Per Share (Tables)

6 Months Ended

Jun. 30, 2017

Net Income (Loss) Per Share

Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share of common stock (in thousands, except per share data):

	Three months ended June 30,				Six months ended June 30,
	2017		2016		2017		2016
Net (loss) income	$	(8,965)	$	24,467	$	(18,983)	$	12,558
Weighted average common shares outstanding—basic		20,392		20,389		20,169		20,301
Dilutive effect of common stock equivalents		—		290		—		217
Weighted average common shares outstanding—diluted		20,392		20,679		20,169		20,518
Net (loss) income per share
Basic	$	(0.44)	$	1.20	$	(0.94)	$	0.62
Diluted	$	(0.44)	$	1.18	$	(0.94)	$	0.61