Annual report pursuant to Section 13 and 15(d)

Earnings (Loss) Per Share (Tables)

v3.6.0.2
Earnings (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method
The calculation of earnings (loss) per share, basic and diluted, for the years ended December 31, 2016, 2015 and 2014, is as follows (shares in thousands, per share value in dollars):
 
Year Ended December 31,
 
2016
 
2015
 
2014
Net income (loss) available to stockholders
$
(82,805
)
 
$
52,751

 
$
38,457

less: preferred stock dividends

 
15

 
59

Net income (loss) available to common stockholders
(82,805
)
 
52,736

 
38,398

 
 
 
 
 
 
Weighted average shares outstanding, basic
70,739

 
69,772

 
68,985

Dilutive common stock equivalents

 
942

 
388

Weighted average shares outstanding, diluted
70,739

 
70,714

 
69,373

Earnings (loss) per share, basic
$
(1.17
)
 
$
0.76

 
$
0.56

Earnings (loss) per share, diluted
$
(1.17
)
 
$
0.75

 
$
0.55