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Earnings Per Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2016
 
2015
 
2016
 
2015
Numerator:
 
 
 
 
 
 
 
 
Net income (loss)
 
$
(1,412
)
 
$
11,173

 
$
23,435

 
$
41,300

 
 
 
 
 
 
 
 
 
Denominator (in thousands):
 
 
 
 
 
 
 
 
Weighted-average common shares for calculating basic earnings per share
 
34,631

 
28,019

 
30,372

 
28,206

Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options and nonvested awards
 
—

 
205

 
—

 
212

Weighted-average common shares for calculating diluted earnings per share
 
34,631

 
28,224

 
30,372

 
28,418

 
 
 
 
 
 
 
 
 
Net income (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
(0.04
)
 
$
0.40

 
$
0.77

 
$
1.46

Diluted
 
$
(0.04
)
 
$
0.40

 
$
0.77

 
$
1.45