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EARNINGS (LOSS) PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of basic and diluted net income (loss) per share
Basic and diluted net earnings (loss) per share is calculated as follows (net income amounts are stated in thousands):
 
Three Months Ended
 
June 30, 2016
 
June 30, 2015
 
Shares
 
Net Income
 
EPS
 
Shares
 
Net Income
 
EPS
Basic Earnings per Share
36,683,429

 
$
(13,403
)
 
$
(0.37
)
 
34,957,134

 
$
(25,527
)
 
$
(0.73
)
Dilutive earnings per share
36,683,429

 
$
(13,403
)
 
$
(0.37
)
 
34,957,134

 
$
(25,527
)
 
$
(0.73
)
 
Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
Shares
 
Net Income
 
EPS
 
Shares
 
Net Income
 
EPS
Basic net earnings (loss) per share
36,601,807

 
$
(2,187
)
 
$
(0.06
)
 
31,079,053

 
$
14,128

 
$
0.45

Dilutive shares related to derivative warrants
1,461,478

 
—

 


 
—

 
—

 


Change in fair value of derivative instruments
—

 
(5,277
)
 


 
—

 
—

 


Convertible debt
—

 
—

 


 
2,642,160

 
1,035

 


Restricted stock
—

 
—

 


 
292,027

 
—

 


Stock options
—

 
—

 


 
814,165

 
—

 

Dilutive net earnings (loss) per share
38,063,285

 
$
(7,464
)
 
$
(0.20
)
 
34,827,405

 
$
15,163

 
$
0.44
Schedule of common stock options, convertible debt and restricted stock units anti-dilutive
For the three and six months ended June 30, 2016 and 2015, the following shares were excluded because they were anti-dilutive (share amounts in millions):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2016
 
June 30, 2015
 
June 30, 2016
 
June 30, 2015
Restricted stock units
0.3

 
—

 
0.3

 
—

Convertible debt
2.6

 
2.6

 
2.6

 
—

Options
6.1

 
2.6

 
5.9

 
1.2

Warrants
2.7

 
—

 
—

 
3.3

Total anti-dilutive shares
11.7

 
5.2

 
8.8

 
4.5