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(LOSS) INCOME PER SHARE (Tables)
9 Months Ended
Sep. 30, 2017
(LOSS) INCOME 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,

 

 

    

 

2017

    

2016

    

2017

    

2016

 

 

 

 

(amounts in thousands, except net income per share)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(8,072)

 

$

4,208

 

$

(12,800)

 

$

25,546

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding:

 

 

314,077

 

 

298,510

 

 

307,445

 

 

298,330

 

Effect of employee stock-based awards

 

 

 —

 

 

2,535

 

 

 —

 

 

1,665

 

Diluted shares outstanding:

 

 

314,077

 

 

301,045

 

 

307,445

 

 

299,995

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.03)

 

$

0.01

 

$

(0.04)

 

$

0.09

 

Diluted

 

$

(0.03)

 

$

0.01

 

$

(0.04)

 

$

0.09