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Basis of Financial Presentation and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Changes in warranty reserve

During the years ended December 31, 2015, 2014 and 2013, changes in the warranty reserve consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

    

2014

    

2013

 

Accrued warranty reserve, beginning of period

 

$
1,528

 

$
638

 

$
549

 

Reserve provided

 

 
3,974

 

 
1,495

 

 
578

 

Payments

 

 
(2,169)

 

 
(605)

 

 
(489)

 

Accrued warranty reserve, end of period

 

$
3,333

 

$
1,528

 

$
638

 

 

Reconciliation of net earnings (loss) and weighted averages shares outstanding for the calculation of basic and diluted earnings (loss) per share

The following table represents a reconciliation of the net earnings (loss) and weighted average shares outstanding for the calculation of basic and diluted earnings (loss) per share for the years ended December 31, 2015, 2014 and 2013 (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended

 

 

 

2015

 

2014

 

2013

 

Numerator:

    

 

    

    

 

    

    

 

    

 

Net income (loss)

 

$
11,950

 

$
(1,932)

 

$
(9,477)

 

Deemed dividend related to the beneficial conversion feature

 

 

—

 

 

—

 

 
(11,894)

 

Basic and diluted net income (loss)

 

$
11,950

 

$
(1,932)

 

$
(21,371)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 
22,010,201

 

 
21,945,491

 

 
15,935,701

 

Diluted weighted average shares outstanding

 

 
22,130,384

 

 
21,945,491

 

 
15,935,701