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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Reconciliation of Average Share Amounts used to Compute Both Basic and Diluted Earnings (Loss) Per Share

The following table reconciles the average share amounts used to compute both basic and diluted earnings (loss) per share (in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2016      2015      2016      2015  

Weighted average shares outstanding:

           

Basic weighted average shares outstanding

     116,118         117,922         117,606         117,035   

Add: Dilutive effect of stock options

     —           1,382         1,365         1,463   
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted average shares outstanding

     116,118         119,304         118,971         118,498