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Earnings Per Share
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share

3.

EARNINGS PER SHARE

The following table sets forth the details of basic and diluted earnings per share (“EPS”):

 

 

Three months ended

June 30

 

In thousands, except per share

2017

 

 

 

2016

 

Net income (loss)

$

(5,714

)

 

 

$

1,965

 

Weighted average common shares

 

 

 

 

 

 

 

 

outstanding used in basic EPS

 

43,604

 

 

 

 

43,558

 

Common shares issuable upon

 

 

 

 

 

 

 

 

exercise of dilutive stock options

 

 

 

 

 

 

 

 

and PSAs / RSUs

 

 

 

 

 

504

 

Weighted average common shares

 

 

 

 

 

 

 

 

outstanding and common share

 

 

 

 

 

 

 

 

equivalents used in diluted EPS

 

43,604

 

 

 

 

44,062

 

Earnings (loss) per share

 

 

 

 

 

 

 

 

Basic

$

(0.13

)

 

 

$

0.05

 

Diluted

 

(0.13

)

 

 

 

0.04

 

 

 

 

Six months ended

June 30

 

In thousands, except per share

2017

 

 

 

2016

 

Net income

$

5,889

 

 

 

$

18,133

 

Weighted average common shares

 

 

 

 

 

 

 

 

outstanding used in basic EPS

 

43,593

 

 

 

 

43,539

 

Common shares issuable upon

 

 

 

 

 

 

 

 

exercise of dilutive stock options

 

 

 

 

 

 

 

 

and PSAs / RSUs

 

856

 

 

 

 

424

 

Weighted average common shares

 

 

 

 

 

 

 

 

outstanding and common share

 

 

 

 

 

 

 

 

equivalents used in diluted EPS

 

44,449

 

 

 

 

43,963

 

Earnings per share

 

 

 

 

 

 

 

 

Basic

$

0.14

 

 

 

$

0.42

 

Diluted

 

0.13

 

 

 

 

0.41

 

 

The following table sets forth potential common shares outstanding that were not included in the computation of diluted EPS for the period indicated, because their effect would be anti-dilutive:

 

 

June 30

 

In thousands

2017

 

 

 

2016

 

Three months ended

 

1,327

 

 

 

 

1,368

 

Six months ended

 

591

 

 

 

 

1,451