(LOSS) / INCOME PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2017

(LOSS) / INCOME PER COMMON SHARE

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

The reconciliation of basic to diluted net (loss) income per common share was as follows (in thousands, except per share amounts):

	For the Three Months				For the Nine Months
	Ended September 30,				Ended September 30,
	2017		2016		2017		2016
Basic net (loss) / income per share:
Numerator:
Net (Loss) / Income	$	(67,468)	$	(37,351)	$	(123,149)	$	61,502
Denominator:
Weighted-average shares outstanding, basic		82,989		82,682		82,976		82,681
Basic net (loss) / income per share	$	(0.81)	$	(0.45)	$	(1.48)	$	0.74
Diluted net (loss) / income per share:
Numerator:
Net (Loss) / Income	$	(67,468)	$	(37,351)	$	(123,149)	$	61,502
Denominator:
Weighted-average shares outstanding, basic		82,989		82,682		82,976		82,681
Add:
Restricted stock units		—		—		—		—
Stock options		—		—		—		—
Weighted-average shares outstanding, diluted		82,989		82,682		82,976		82,681
Diluted net (loss) / income per share:	$	(0.81)	$	(0.45)	$	(1.48)	$	0.74