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(Loss) Earnings per Common Share (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the (loss) earnings per share data from a basic to a fully diluted basis is detailed below (amounts in thousands, except per share data): 

 
2018
 
2017
 
2016
(Loss) income from operations used for basic earnings per share
$
(401,909
)
 
$
(24,550
)
 
$
184,243

Convertible debt income adjustments, net of tax

 

 
1,049

(Loss) income from operations adjusted for convertible debt as used for diluted earnings per share
$
(401,909
)
 
$
(24,550
)
 
$
185,292

(Loss) income from operations per share:
 

 
 

 
 

Basic
$
(3.21
)
 
$
(0.20
)
 
$
1.50

Diluted (1)
$
(3.21
)
 
$
(0.20
)
 
$
1.47

Shares used in computing (loss) income per share:
 

 
 

 
 

Weighted average basic shares outstanding
125,383

 
124,790

 
122,869

Dilutive securities:
 

 
 

 
 

Stock options and unvested RSUs

 

 
914

Shares issuable on conversion of the Notes

 

 
2,018

Total dilutive securities

 

 
2,932

Weighted average diluted shares outstanding
125,383

 
124,790

 
125,801



(1)
As a result of the Company's expectation that it would likely settle all future note conversions in shares of the Company's common stock, the diluted income from operations per share calculation for the periods prior to the complete conversion of the convertible debt on June 1, 2016, included the dilutive effect of convertible debt and was offset by the exclusion of interest expense and deferred financing fees related to the convertible debt of $1.0 million, after-tax for the year ended December 31, 2016.