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Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule Of Computation Of Basic And Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):
 
Three Months Ended March 31,
 
2017
 
2016
Net income (loss)
$
27,786

 
$
(18,673
)
Less: Undistributed income allocated to participating securities (1)
299

 

Net income (loss) attributable to common stockholders
27,487

 
(18,673
)
Plus: Net income effect of convertible securities
2,509

 

Numerator for diluted income (loss) per common share
$
29,996

 
$
(18,673
)
 
 
 
 
Basic weighted-average common stock shares outstanding
45,476

 
40,974

Plus: dilutive effects of common stock equivalents (2)
6,389

 

Diluted weighted-average common stock shares outstanding
51,865

 
40,974

 
 
 
 
Basic income (loss) per common share
$
0.60

 
$
(0.46
)
Diluted income (loss) per common share 
$
0.58

 
$
(0.46
)
________________________________________________________
(1)
Participating securities include restricted stock that has been issued but has not yet vested.
(2)
Entities with a net loss from continuing operations are prohibited from including potential common shares in the computation of diluted per share amounts. We have utilized the basic shares outstanding to calculate both basic and diluted loss per share for the three months ended March 31, 2016.