Net Loss Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Net Loss Per Share

14. Net Loss Per Share

Basic income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period, plus the potential dilutive effect of other securities if those securities were converted or exercised. 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.

	Years Ended December 31,
(in thousands, except share and per share amounts)	2015			2014			2013
Net loss	$	(14,746	)	$	(3,561	)	$	(61,555	)
Basic and diluted weighted average common shares outstanding		24,439,845			18,080,615			18,032,131
Basic and diluted loss per common share	$	(0.60	)	$	(0.20	)	$	(3.42	)

The weighted average number of common shares for the years ended December 31, 2015, 2014, and 2013 did not include 2,269,141, 1,531,110 and 1,373,119 options and unvested restricted stock awards, respectively, because of their antidilutive effect.