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Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Summary of Net Income (Loss) Per Share
During periods in which the Company incurs net losses, both basic and diluted loss per share is calculated by dividing the net loss by the weighted average shares outstanding and potentially dilutive securities are excluded from the calculation because their effect would be antidilutive.

 

     Three Months Ended
September 30,		      Nine Months Ended
September 30,		  

(in thousands, except share and per share amounts)

    2015      2014      2015     2014  

Net income (loss)

    $ 5,386       $ (867 )     $ (18,662 )    $ (3,788 ) 
  

 

 

     

 

 

     

 

 

    

 

 

  

Basic weighted average common shares outstanding

      30,359,516         18,080,968         22,443,257        18,080,496   

Effect of dilutive restricted stock awards

      289,911         —          —         —    

Effect of dilutive stock options

      112,344         —          —         —    
  

 

 

     

 

 

     

 

 

    

 

 

  

Diluted weighted average common shares outstanding

      30,761,771         18,080,968         22,443,257        18,080,496   
  

 

 

     

 

 

     

 

 

    

 

 

  

Basic and diluted income (loss) per common share

    $ 0.18       $ (0.05 )     $ (0.83 )    $ (0.21 )