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Income (Loss) per Share (Tables)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Income (Loss) Per Share
The following table sets forth the computation of basic and diluted income (loss) per share (in thousands, except per share amounts):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2018
 
2017
 
2018
 
2017
Net income (loss)
$
(5,822
)
 
$
18,824

 
$
25,541

 
$
53,616

Less: Undistributed income allocated to participating securities (1)
—

 
238

 
361

 
685

Net income (loss) attributable to common stockholders
(5,822
)
 
18,586

 
25,180

 
52,931

Plus: Net income effect of convertible securities
—

 
2,566

 
—

 
—

Numerator for diluted income (loss) per common share
$
(5,822
)
 
$
21,152

 
$
25,180

 
$
52,931

 
 
 
 
 
 
 
 
Basic weighted-average common stock shares outstanding
45,709

 
45,561

 
45,676

 
45,505

Plus: dilutive effects of common stock equivalents (2)
—

 
6,431

 
45

 
22

Diluted weighted-average common stock shares outstanding
45,709

 
51,992

 
45,721

 
45,527

 
 
 
 
 
 
 
 
Basic income (loss) per common share
$
(0.13
)
 
$
0.41

 
$
0.55

 
$
1.16

Diluted income (loss) per common share 
$
(0.13
)
 
$
0.41

 
$
0.55

 
$
1.16

________________________________________________________
(1)
Participating securities include restricted stock that has been issued but has not yet vested.
(2)
Entities with a net loss from continuing operations are prohibited from including potential common shares in the computation of diluted per share amounts. We have utilized the basic shares outstanding to calculate both basic and diluted loss per share for the three months ended September 30, 2018.