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Income Per Share - (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share

The following table illustrates the computation of basic and diluted income per share for 2016, 2015 and 2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended December 31,

 

    

 

2016

    

2015

    

2014

Net income

 

 

$

23,060

 

$

4,881

 

$

9,176

Less: income allocated to participating securities

 

 

 

(52)

 

 

(53)

 

 

(38)

Income allocated to common shareholders

 

 

$

23,008

 

$

4,828

 

$

9,138

Weighted average shares outstanding for basic income per common share

 

 

 

28,313,061

 

 

34,349,996

 

 

42,404,609

Dilutive effect of equity awards

 

 

 

704,831

 

 

9,321

 

 

16,405

Dilutive effect of warrants

 

 

 

73,451

 

 

4,170

 

 

Weighted average shares outstanding for diluted income per common share

 

 

 

29,091,343

 

 

34,363,487

 

 

42,421,014

Basic income per share

 

 

$

0.81

 

$

0.14

 

$

0.22

Diluted income per share

 

 

$

0.79

 

$

0.14

 

$

0.22