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(LOSS) EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
(LOSS) EARNINGS PER SHARE
(LOSS) EARNINGS PER SHARE
The following are computations of basic and diluted (loss) earnings per share (in thousands except for per share amounts):
 
Years Ended December 31,
 
2016
 
2015
 
2014
Numerator for basic and diluted (loss) earnings per share:
 
 
 
 
 
Net (loss) income
$
(39,873
)
 
$
44,102

 
$
(28,328
)
Denominator:
 
 
 
 
 
  Weighted basic shares outstanding
57,532

 
58,324

 
60,311

  Dilutive effect of equity-based compensation awards
—

 
110

 
—

  Weighted dilutive shares outstanding
57,532

 
58,434

 
60,311


 
 
 
 
 
Basic (loss) earnings per share
$
(0.69
)
 
$
0.76

 
$
(0.47
)
Diluted (loss) earnings per share
$
(0.69
)
 
$
0.76

 
$
(0.47
)

As a result of the net loss reported for the year ended December 31, 2016, all then outstanding restricted stock awards and performance awards totaling 730,929 potentially dilutive instruments were excluded from the calculation of diluted loss per share as their inclusion would have an antidilutive effect. For the year ended December 31, 2015, all then outstanding stock options, restricted stock awards and performance awards were included in the calculation of diluted earnings per share except for 154,577 of outstanding performance stock awards for which the performance criteria were not attained at that time
(13) (LOSS) EARNINGS PER SHARE (Continued)
and 31,656 restricted stock awards which were excluded as their inclusion would have an antidilutive effect. As a result of the net loss reported for the year ended December 31, 2014, all outstanding stock options, restricted stock awards and performance awards totaling 562,896 potentially dilutive shares were excluded from the calculation of diluted loss per share as their inclusion would have an antidilutive effect.