Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share

Schedule of basic and diluted earnings (net loss) per share

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Net income (loss)	$	7,927	$	(53,817)	$	16,046	$	(47,843)
Weighted average shares outstanding, basic		52,917,288		46,802,915		52,861,826		45,058,057
Weighted average common equivalent shares		546,289		—		513,032		—
Weighted average shares outstanding, diluted		53,463,577		46,802,915		53,374,858		45,058,057
Net earnings (loss) per share
Basic	$	0.15	$	(1.15)	$	0.30	$	(1.06)
Diluted	$	0.15	$	(1.15)	$	0.30	$	(1.06)
Equity instruments excluded from diluted net earnings (loss) per share calculation as the effect would have been anti-dilutive:
Restricted stock		—		159,673		—		159,673