Earnings Per Share

The following table presents the reconciliation of the numerator and denominator for calculating net income (loss) from continuing operations per share:



	Year Ended December 31,
(In thousands, except per share data)	2018		2017		2016
Numerator
Income (loss) from continuing operations - basic and diluted	$	32,281	$	11,219	$	(40,712	)

Denominator
Weighted average common shares outstanding - basic	89,996		85,421		83,697
Dilutive effect of stock options and restricted stock awards	2,385		2,554		—
Dilutive effect of 2021 Convertible Notes	544		—		—
Weighted average common shares outstanding - diluted	92,925		87,975		83,697

Income (loss) from continuing operations per common share
Basic	$	0.36	$	0.13	$	(0.49	)
Diluted	$	0.35	$	0.13	$	(0.49	)

We excluded the following weighted-average potential shares from the calculations of diluted net income (loss) per share during the applicable periods because their inclusion would have been anti-dilutive:



	Year Ended December 31,
(In thousands)	2018	2017	2016
Stock options and restricted stock awards	1,495	7,419	7,482
2017 Convertible Notes	—	5,702	14,295

The 2017 Convertible Notes were repaid upon maturity in October 2017. The 2021 Convertible Notes only impact the calculation of diluted net income per share in periods that the average price of our common stock, as calculated in accordance with the terms of the indenture governing the 2021 Convertible Notes, exceeds the conversion price of $9.33 per share. We have the option to pay cash, issue shares of common stock, or any combination thereof for the aggregate amount due upon conversion of the 2021 Convertible Notes as further described in Note 6 above. If converted, we currently intend to settle the principal amount of the notes in cash and as a result, only the amounts payable in excess of the principal amount of the notes, if any, are assumed to be settled with shares of common stock for purposes of computing diluted net income from continuing operations per share.