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Net Income (loss) Per Common Share
 12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Net Income (loss) Per Common Share Net Income (loss) Per Common Share
Net Income (loss) per Common Share
Basic earnings (loss) per common share (“EPS”) is generally calculated as income available to common shareholders divided by the weighted average number of common shares outstanding. Diluted EPS is generally calculated as income available to common shareholders divided by the weighted average number of common shares outstanding plus the dilutive effect of common share equivalents.
The calculation of basic and diluted EPS for the years ended December 31, 2015, 2016 and 2017 was as follows:
(in thousands, except per share data)
2015
 
2016
 
2017
Numerator:
 
 
 
 
 
Net income (loss) from continuing operations
$
10,246

 
$
23,202

 
$
(8,875
)
Net income (loss) from discontinued operations, net of income taxes
—

 
91

 
(1,398
)
Net income (loss)
$
10,246

 
$
23,293

 
$
(10,273
)
 
 
 
 
 
 
Denominator:
 
 
 
 
 
Weighted average shares of common stock outstanding
17,537

 
18,255

 
18,459

Effect of dilutive common stock equivalents
10,187

 
9,058

 
—

Weighted average diluted common shares outstanding
27,724

 
27,313

 
18,459

 
 
 
 
 
 
Basic income (loss) per share:
 
 
 
 
 
Continuing operations
$
0.58

 
$
1.28

 
$
(0.48
)
Discontinued operations
—

 
—

 
(0.08
)
 
$
0.58

 
$
1.28

 
$
(0.56
)
Diluted income (loss) per share:
 
 
 
 
 
Continuing operations
$
0.37

 
$
0.85

 
$
(0.48
)
Discontinued operations
—

 
—

 
(0.08
)
 
$
0.37

 
$
0.85

 
$
(0.56
)

The Company had the following dilutive securities for the years ended December 31, that were not included in the computations of net income per share as they were considered anti-dilutive:    
(in thousands)
2015
 
2016
 
2017
Warrants
—

 
—

 
8,978

Stock options
167

 
7,079

 
8,544

Restricted Stock
—

 
—

 
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