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Income (Loss) Per Common Share (Tables)
6 Months Ended
Jun. 30, 2018
Income (Loss) Per Common Share  
Schedule of basic and diluted income (loss) per share and weighted average shares

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

 

2018

 

2017

 

2018

 

2017

 

 

 

(in thousands, except per share amounts)

 

Net income (loss)

 

$

(237,634

)

$

(20,817

)

$

(253,461

)

$

(19,177

)

 

 

 

 

 

 

 

 

 

 

Net income (loss) per common share:

 

 

 

 

 

 

 

 

 

Basic

 

$

(5.02

)

$

(0.49

)

$

(5.35

)

$

(0.47

)

Diluted

 

$

(5.02

)

$

(0.49

)

$

(5.35

)

$

(0.47

)

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

47,311

 

42,656

 

47,332

 

41,160

 

Effect of potentially dilutive share-based awards

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average shares outstanding

 

47,311

 

42,656

 

47,332

 

41,160

 

 

 

 

 

 

 

 

 

 

 

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

 

17

 

228

 

17

 

228

 

 

 

 

 

 

 

 

 

 

 

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

 

22

 

330

 

23

 

294

 

 

 

 

 

 

 

 

 

 

 

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

 

2,706

 

1,265

 

2,204

 

1,462

 

 

 

 

 

 

 

 

 

 

 

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

 

8,618

 

8,618

 

8,618