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INCOME (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 2017
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  June 30,

 

Six months ended June 30,

 

 

    

 

2017

    

2016

    

2017

    

2016

 

 

 

 

(amounts in thousands, except net income per share)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(1,712)

 

$

8,353

 

$

(4,728)

 

$

21,338

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding:

 

 

308,523

 

 

298,237

 

 

304,074

 

 

298,239

 

Effect of employee stock-based awards

 

 

 —

 

 

1,554

 

 

 —

 

 

992

 

Diluted shares outstanding:

 

 

308,523

 

 

299,791

 

 

304,074

 

 

299,231

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.01)

 

$

0.03

 

$

(0.02)

 

$

0.07

 

Diluted

 

$

(0.01)

 

$

0.03

 

$

(0.02)

 

$

0.07