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(LOSS) / INCOME PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2017
(LOSS) / INCOME PER COMMON SHARE  
Schedule of reconciliation of basic to diluted (loss) / income per common share

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

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

 

 

 

 

 

 

 

 

 

2017

    

2016

    

2015

Basic net (loss) / income per share:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net (Loss) / Income

$

(168,541)

 

$

67,306

 

$

129,569

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic

 

83,003

 

 

82,705

 

 

62,779

 

 

 

 

 

 

 

 

 

Basic net (loss) / income per share

$

(2.03)

 

$

0.81

 

$

2.06

 

 

 

 

 

 

 

 

 

Diluted net (loss) / income per share:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net (Loss) / Income

$

(168,541)

 

$

67,306

 

$

129,569

Denominator:

 

 

 

 

 

 

 

 

Weighted-average shares outstanding, basic

 

83,003

 

 

82,705

 

 

62,779

Add:

 

 

 

 

 

 

 

 

Restricted stock units

 

 —

 

 

 —

 

 

334

Stock options

 

 —

 

 

 —

 

 

 —

Weighted-average shares outstanding, diluted

 

83,003

 

 

82,705

 

 

63,113

 

 

 

 

 

 

 

 

 

Diluted net (loss) / income per share:

$

(2.03)

 

$

0.81

 

$

2.05