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Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of basic and diluted income (loss) per share
The following table sets forth the computation of basic and diluted (loss) income per share for the periods ended (in thousands, except per share data): 
 
 
For The Years Ended
 
 
2016
 
2015
Numerator for basic and diluted loss per share:
 
 
 
 
Income (loss) from continuing operations
 
$
70,846

 
$
(19,461
)
Loss from discontinued operations, net of taxes
 
(2,897
)
 
(11,390
)
Net income (loss)
 
$
67,949

 
$
(30,851
)
Numerator for diluted income (loss) per share:
 
 
 
 
Income (loss) from continuing operations - as reported
 
$
70,846

 
$
(19,461
)
Interest expense on 7% Notes, net of taxes
 
1,572

 

Income (loss) from continuing operations - after assumed conversions of dilutive shares
 
72,418

 
(19,461
)
Loss from discontinued operations, net of taxes
 
(2,897
)
 
(11,390
)
Net income (loss) for diluted loss per share - after assumed conversions of dilutive shares
 
$
69,521

 
$
(30,851
)
Denominator for weighted average common shares outstanding:
 
 

 
 

Basic shares
 
8,527

 
8,479

Dilutive effect of 7% Notes
 
965

 

Dilutive effect of Equity Awards
 

 

Dilutive effect of Warrants
 

 

Diluted shares
 
9,492

 
8,479

 
 
 
 
 
Income (loss) per share – basic:
 
 
 
 
Continuing operations
 
$
8.31

 
$
(2.30
)
Discontinued operations
 
(0.34
)
 
(1.34
)
Net income (loss)
 
$
7.97

 
$
(3.64
)
 
 
 
 
 
Income (loss) per share – diluted:
 
 
 
 
Continuing operations
 
$
7.63

 
$
(2.30
)
Discontinued operations
 
(0.31
)
 
(1.34
)
Net income (loss)
 
$
7.32

 
$
(3.64
)