Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2016

Summary of Significant Accounting Policies

Changes in warranty reserve

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

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Accrued warranty reserve, beginning of period	$	3,581	$	1,767	$	3,333	$	1,528
Reserve provided		952		1,818		2,440		2,954
Payments		(1,004)		(1,168)		(2,244)		(2,065)
Accrued warranty reserve, end of period	$	3,529	$	2,417	$	3,529	$	2,417

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 nine months ended September 30, 2016 and 2015 (in thousands, except share and per share data):

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Numerator:
Basic net income (loss)	$	11,897	$	5,520	$	130,049	$	(3,954)
Diluted net income (loss)	$	13,098	$	5,520	$	133,649	$	(3,954)
Denominator:
Basic weighted average shares outstanding		22,415,780		22,018,449		22,402,799		22,006,460
Diluted weighted average shares outstanding		26,654,287		22,166,873		26,606,199		22,006,460
Basic earnings (loss) per share	$	0.53	$	0.25	$	5.81	$	(0.18)
Diluted earnings (loss) per share	$	0.49	$	0.25	$	5.02	$	(0.18)