Earnings Per Common Share

12 Months Ended

Dec. 31, 2016

Earnings Per Common Share

EARNINGS PER COMMON SHARE

2. EARNINGS PER COMMON SHARE

The following table illustrates the computation of basic and diluted earnings (loss) per share:

	Year Ended  December 31,
	2016				2015				2014
	Amount		Per Share Amount		Amount		Per Share Amount		Amount		Per Share Amount
	(Amounts in thousands, except per share amounts)
Net income (loss)	$	(972)			$	15,439			$	14,742
Basic:
Weighted average shares outstanding		36,677	$	(0.03)		28,839	$	0.54		22,625	$	0.65
Diluted:
Add incremental shares for:
Effect of dilutive securities - options		-				257				290
Total		36,677	$	(0.03)		29,096	$	0.53		22,915	$	0.64