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Income (Loss) Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Income (Loss) Per Share  
Schedule of basic and diluted net income (loss) per share and weighted average shares

 

 

For the year ended December 31,

 

 

 

2017

 

2016

 

2015

 

 

 

(in thousands, except per share amounts)

 

Net income (loss)

 

$

(44,793

)

$

(122,210

)

$

(31,978

)

 

 

 

 

 

 

 

 

Net income (loss) per common share:

 

 

 

 

 

 

 

Basic

 

$

(1.01

)

$

(3.11

)

$

(0.80

)

Diluted

 

$

(1.01

)

$

(3.11

)

$

(0.80

)

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

44,174

 

39,340

 

39,742

 

Effect of potentially dilutive share-based awards

 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

44,174

 

39,340

 

39,742

 

 

 

 

 

 

 

 

 

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

 

72

 

312

 

1,017

 

 

 

 

 

 

 

 

 

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

 

239

 

107

 

146

 

 

 

 

 

 

 

 

 

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

 

1,744

 

1,896

 

2,111

 

 

 

 

 

 

 

 

 

Maximum potential shares to be issued for settlement of Convertible Senior Notes excluded from the diluted calculation as their effect would be antidilutive

 

8,618