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Net Income (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2015
Net Income (Loss) Per Common Share  
Schedule of net income (loss) per common share

 

The calculation of the weighted average number of common shares outstanding for Basic EPS and Diluted EPS for the periods indicated (in thousands, except per share data) is as follows:

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2015

 

2014

 

2015

 

2014

 

 

 

(Unaudited)

 

(Unaudited)

 

Numerator

 

 

 

 

 

 

 

 

 

Net Income

 

$

36,268 

 

$

41,338 

 

$

77,363 

 

$

3,713 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

Weighted average number of common shares outstanding

 

50,616 

 

51,322 

 

51,143 

 

51,324 

 

Effect of outstanding share-based awards

 

666 

 

714 

 

739 

 

238 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares for diluted net income per common share

 

51,282 

 

52,036 

 

51,882 

 

51,562 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.72 

 

$

0.81 

 

$

1.51 

 

$

0.07 

 

Diluted earnings per share

 

$

0.71 

 

$

0.79 

 

$

1.49 

 

$

0.07