Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Significant Accounting Policies

Changes in warranty reserve

During the years ended December 31, 2016,  2015 and 2014, changes in the warranty reserve consisted of the following (in thousands):

	For the Years Ended December 31,
	2016		2015		2014
Accrued warranty reserve, beginning of period	$	3,333	$	1,528	$	638
Reserve provided		3,864		3,974		1,495
Payments		(3,164)		(2,169)		(605)
Accrued warranty reserve, end of period	$	4,033	$	3,333	$	1,528

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 years ended December 31, 2016, 2015 and 2014 (in thousands, except per share amounts):

	For the Years Ended December 31,
	2016		2015		2014
Numerator:
Basic net income (loss)	$	147,107	$	11,950	$	(1,932)
Effect of dilutive securities		2,969		—		—
Diluted net income (loss)	$	150,076	$	11,950	$	(1,932)
Denominator:
Basic weighted average shares outstanding		22,346		22,010		21,945
Effect of dilutive securities		4,163		120		—
Diluted weighted average shares outstanding		26,509		22,130		21,945
Basic earnings (loss) per share	$	6.58	$	0.54	$	(0.09)
Diluted earnings (loss) per share	$	5.66	$	0.54	$	(0.09)