EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2017

EARNINGS PER SHARE

Schedule of computation of basic and diluted earnings (loss) per share

	Three Months Ended
	March 31
	2017		2016
	(in thousands, except share and per share data)
Basic
Numerator:
Net loss	$	(7,407)	$	(6,103)
Effect of unvested restricted stock awards		(17)		(18)
Adjusted net loss	$	(7,424)	$	(6,121)
Denominator:
Weighted-average shares		25,684,475		25,822,522
Loss per common share	$	(0.29)	$	(0.24)
Diluted
Numerator:
Net loss	$	(7,407)	$	(6,103)
Effect of unvested restricted stock awards		(17)		(18)
Adjusted net loss	$	(7,424)	$	(6,121)
Denominator:
Weighted-average shares		25,684,475		25,822,522
Effect of dilutive securities		—		—
Adjusted weighted-average shares and assumed conversions		25,684,475		25,822,522
Loss per common share	$	(0.29)	$	(0.24)