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INCOME (LOSS) PER SHARE (Tables)
9 Months Ended
Sep. 30, 2016
INCOME (LOSS) PER SHARE  
Schedule of reconciliation of the basic weighted average number of common shares and the computations for basic loss per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended  September 30,

 

Nine months ended September 30,

 

 

    

2016

    

2015

    

2016

    

2015

  

 

 

(amounts in thousands, except net income (loss) per share)

 

Net income (loss)

 

$

4,208

 

$

2,633

 

$

25,546

 

$

(5,462)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding:

 

 

298,510

 

 

300,530

 

 

298,330

 

 

300,420

 

Effect of employee stock-based awards

 

 

2,535

 

 

 —

 

 

1,665

 

 

 —

 

Diluted shares outstanding:

 

 

301,045

 

 

300,530

 

 

299,995

 

 

300,420

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share:

 

$

0.01

 

$

0.01

 

$

0.09

 

$

(0.02)

 

Diluted

 

$

0.01

 

$

0.01

 

$

0.09

 

$

(0.02)