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Income (Loss) Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
Income (Loss) Per Common Share  
Schedule of basic and diluted net income (loss) per common share and weighted average shares

 

 

Three months ended March 31,

 

 

 

2016

 

2015

 

 

 

(in thousands, except per share amounts)

 

Net income (loss)

 

$

(15,533

)

$

(19,110

)

Net income (loss) per common share:

 

 

 

 

 

Basic

 

$

(0.40

)

$

(0.48

)

Diluted

 

$

(0.40

)

$

(0.48

)

 

 

 

 

 

 

Basic weighted average shares outstanding

 

39,113

 

39,639

 

Diluted weighted average shares outstanding

 

39,113

 

39,639

 

 

 

 

 

 

 

Unvested participating shares excluded from basic weighted average shares outstanding since the securityholders are not obligated to fund losses

 

722

 

1,134

 

 

 

 

 

 

 

Shares excluded from the diluted weighted average shares outstanding since Veeco incurred a net loss and their effect would be antidilutive

 

66

 

178

 

 

 

 

 

 

 

Potentially dilutive non-participating shares excluded from the diluted calculation as their effect would be antidilutive

 

2,295

 

1,952