Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2017

Schedule of weighted average common shares outstanding

The following is a reconciliation of the weighted-average common shares outstanding used for the computation of basic and diluted net income (loss) per common share:



	Three Months Ended September 30, 2017	Three Months Ended September 30, 2016	Nine Months Ended September 30, 2017	Nine Months Ended September 30, 2016
Basic weighted-average common shares outstanding	49,676,923	49,567,735	49,852,337	49,385,733
Effect of dilutive options, performance stock units and restricted stock	492,511	60,065	282,254	—
Dilute weighted-average shares outstanding	50,169,434	49,627,800	50,134,591	49,385,733

Amounts that could potentially dilute basic earnings per share

The following amounts were not included in the calculation of net income (loss) per diluted share because their effects were anti-dilutive:



(in thousands, except share data)	Three Months Ended September 30, 2017	Three Months Ended September 30, 2016	Nine Months Ended September 30, 2017	Nine Months Ended September 30, 2016
Stock-based compensation awards⁽¹⁾:
Stock options	577,500	584,375	577,500	584,375
Warrants:
Private placement warrants	6,160,000	6,160,000	6,160,000	6,160,000
Public warrants	9,823,072	9,823,072	9,823,072	9,823,072

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(1)	SARs and Phantom Shares are payable in cash and will, therefore, have no impact on number of shares.