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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Basic earnings per share (“EPS”) is computed based on the weighted-average number of shares of common stock outstanding. Diluted EPS is computed based on the weighted-average number of shares of common stock outstanding plus common stock equivalents assuming exercise of stock options, where dilutive. In 2016 and 2015, shares issuable from stock-based awards of 0.8 million and 1.3 million were excluded from the computation of shares contingently issuable upon exercise as we recognized a net loss. Options to purchase approximately 2.5 million shares were outstanding during the year ended December 31, 2014, but were excluded from the calculation of diluted EPS for the periods then ended because the effect of the awards are anti-dilutive. The following is a calculation of basic and diluted earnings per share and weighted-average shares outstanding (in thousands, except per share amounts):
 
2016
 
2015
 
2014
Income (loss) from continuing operations—basic and diluted
$
(5,398
)
 
$
(10,968
)
 
$
27,612

 
 
 
 
 
 
Weighted-average shares outstanding—basic
48,319

 
51,402

 
52,328

Add shares issuable from stock-based awards

 

 
2,082

Weighted-average shares outstanding—diluted
48,319

 
51,402

 
54,410

 
 
 
 
 
 
Basic earnings (loss) per share
$
(0.11
)
 
$
(0.21
)
 
$
0.53

Diluted earnings (loss) per share
$
(0.11
)
 
$
(0.21
)
 
$
0.51