Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2016

Summary of Significant Accounting Policies

Changes in warranty reserve

During the three and six months ended June 30, 2016 and 2015, changes in the warranty reserve consisted of the following (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
Accrued warranty reserve, beginning of period	$	2,927	$	1,511	$	3,333	$	1,528
Reserve provided		1,362		764		1,487		1,136
Payments		(708)		(508)		(1,239)		(897)
Accrued warranty reserve, end of period	$	3,581	$	1,767	$	3,581	$	1,767

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

The following table represents a reconciliation of the net income (loss) and weighted average shares outstanding for the calculation of basic and diluted earnings (loss) per share for the three and six months ended June 30, 2016 and 2015 (in thousands, except share and per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
Numerator:
Basic net income (loss)	$	117,361	$	(4,466)	$	118,152	$	(9,474)
Diluted net income (loss)	$	118,561	$	(4,466)	$	120,552	$	(9,474)
Denominator:
Basic weighted average shares outstanding		22,402,641		22,005,589		22,396,238		22,000,367
Diluted weighted average shares outstanding		26,648,153		22,005,589		26,614,726		22,000,367
Basic earnings (loss) per share	$	5.24	$	(0.20)	$	5.28	$	(0.43)
Diluted earnings (loss) per share	$	4.45	$	(0.20)	$	4.53	$	(0.43)