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NET INCOME PER SHARE (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Net Income Per Share
Basic and diluted net income per share was as follows:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands, except per share amounts)
Basic net income (loss) per share:
 
 
 
 
 
 
 
Net income (loss) from continuing operations
$
20,144

 
$
(31,881
)
 
$
46,316

 
$
(8,129
)
Net loss from discontinued operations

 

 

 
(10,370
)
Net income (loss)
$
20,144

 
$
(31,881
)
 
$
46,316

 
$
(18,499
)
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
37,267

 
35,279

 
37,143

 
33,682

 
 
 
 
 
 
 
 
Basic net income (loss) per common share from continuing operations
$
0.54

 
$
(0.90
)
 
$
1.25

 
$
(0.24
)
Basic net loss per common share from discontinued operations

 

 

 
(0.31
)
Basic net income (loss) per common share
$
0.54

 
$
(0.90
)
 
$
1.25

 
$
(0.55
)
 
 
 
 
 
 
 
 
Diluted net income (loss) per share:
 
 
 
 
 
 
 
Net income (loss) from continuing operations
$
20,144

 
$
(31,881
)
 
$
46,316

 
$
(8,129
)
Net loss from discontinued operations

 

 

 
(10,370
)
Net income (loss)
$
20,144

 
$
(31,881
)
 
$
46,316

 
$
(18,499
)
 
 
 
 
 
 
 
 
Weighted average common shares outstanding — Basic
37,267

 
35,279

 
37,143

 
33,682

Effect of dilutive securities:
 
 
 
 
 
 
 
2016 Convertible notes and warrants
2,594

 

 
1,615

 

Stock options and restricted stock
655

 

 
644

 

Weighted average common shares for diluted earnings per share
40,516

 
35,279

 
39,402

 
33,682

 
 
 
 
 
 
 
 
Diluted net income (loss) per common share from continuing operations
$
0.50

 
$
(0.90
)
 
$
1.18

 
$
(0.24
)
Diluted net loss per common share from discontinued operations

 

 

 
(0.31
)
Diluted net income (loss) per common share
$
0.50

 
$
(0.90
)
 
$
1.18

 
$
(0.55
)