Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share (Tables)

v3.8.0.1
Income (Loss) Per Share (Tables)
 3 Months Ended
Mar. 31, 2018
Income (Loss) Per Share  
Schedule of basic and diluted income per share

Basic and diluted net income (loss) per share were computed as follows, in thousands, except share and per share amounts:

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

 

2018

 

2017

Net income (loss) - basic and diluted

 

$

26,388

 

$

(1,710)

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - basic

 

 

35,059,920

 

 

37,123,245

 

 

 

 

 

 

 

Dilutive effect of common stock equivalents:

 

 

 

 

 

 

RSAs with service-based conditions

 

 

183,123

 

 

 —

RSAs with market-based conditions

 

 

229,722

 

 

 —

RSAs with performance-based conditions

 

 

 —

 

 

 —

Stock options

 

 

346,477

 

 

 —

 

 

 

 

 

 

 

Weighted average number of common shares outstanding - diluted

 

 

35,819,242

 

 

37,123,245

 

 

 

 

 

 

 

Basic net income (loss) per common share

 

$

0.75

 

$

(0.05)

 

 

 

 

 

 

 

Diluted net income (loss) per common share

 

$

0.74

 

$

(0.05)

 

Summary of shares excluded from the calculation of diluted income per share because their effect would have been anti-dilutive

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

 

2018

 

2017

Anti-dilutive common stock equivalents:

 

 

 

 

 

 

RSAs with service-based conditions

 

 

275

 

 

401,623

RSAs with market-based conditions

 

 

 —

 

 

205,316

RSAs with performance-based conditions

 

 

 —

 

 

 —

Stock options

 

 

35,205

 

 

774,920

Total anti-dilutive common stock equivalents

 

 

35,480

 

 

1,381,859