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NET INCOME (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Net Income (Loss) Per Share

Net income (loss) per share was calculated as follows:

 

 

Year Ended December 31,

 

(in thousands, except per share data)

2018

 

 

2017

 

 

2016

 

Net income (loss) - basic and diluted

$

21,111

 

 

$

(142,542

)

 

$

(141,090

)

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

90,235

 

 

 

88,089

 

 

 

86,713

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Employee stock purchase program

 

11

 

 

 

 

 

 

 

Stock options

 

3,228

 

 

 

 

 

 

 

Restricted stock units

 

564

 

 

 

 

 

 

 

2024 Notes

 

1,348

 

 

 

 

 

 

 

Diluted

 

95,386

 

 

 

88,089

 

 

 

86,713

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.23

 

 

$

(1.62

)

 

$

(1.63

)

Diluted

$

0.22

 

 

$

(1.62

)

 

$

(1.63

)

Schedule of Anti-Dilutive Shares Excluded from Diluted Per Share Amounts

 

Shares which have been excluded from diluted per share amounts because their effect would have been anti-dilutive include the following:

 

 

Year Ended December 31,

 

(in thousands)

2018

 

 

2017

 

 

2016

 

Stock options and restricted stock units

 

887

 

 

 

7,436

 

 

 

6,995