Net (Loss) Income Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Loss per Share

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

	Three Months Ended June 30,					Six Months Ended June 30,
	2019			2018		2019			2018
Net (loss) income	$	(17,210	)	$	1,804	$	(30,483	)	$	6,423
Denominator for basic earnings per share - weighted average shares	106,942,429			105,694,789		106,885,893			104,522,051
Effect of dilutive securities: Stock options and restricted stock outstanding(a)	1,611,959			5,412,304		1,203,886			7,333,492
Denominator for diluted earnings per share - weighted average shares adjusted for dilutive securities	106,942,429			111,107,093		106,885,893			111,855,543
(Loss) income per common share - basic	$	(0.16	)	$	0.02	$	(0.29	)	$	0.06
(Loss) income per common share - diluted	$	(0.16	)	$	0.02	$	(0.29	)	$	0.06

(a) Securities outstanding that are included in the computation above, utilizing the treasury stock method are as follows:

	Three Months Ended June 30,		Six Months Ended June 30,
	2019	2018	2019	2018
Outstanding Stock Options	878,134	5,138,145	792,760	6,120,498
Restricted Stock Awards	733,825	274,159	411,126	1,212,994
	1,611,959	5,412,304	1,203,886	7,333,492