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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings per Share

The following table sets forth the calculation of basic and diluted earnings per share:

Three Months Ended
March 31,
(in thousands, except per share data)20182017
Net income (loss)$(23,641)$8,555
Denominator for basic earnings per share - weighted-average number of
common shares outstanding during the period48,51749,511
Incremental common shares attributable to exercise of dilutive options361
Incremental common shares attributable to outstanding restricted
stock units208
Denominator for diluted earnings per share48,51750,080
Basic earnings (loss) per share$(0.49)$0.17
Diluted earnings (loss) per share$(0.49)$0.17