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Earnings per Common Share | 12 Months Ended
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Dec. 31, 2017
Earnings per Common Share |
Earnings per Common Share | Note 9 – Earnings per Common Share Basic earnings per share is based on the weighted average number of shares outstanding and excludes the dilutive effect of unvested common stock equivalents (45 shares in 2017). Diluted earnings per share is based on the weighted average number of shares outstanding and includes the dilutive effect of unvested common stock equivalents to the extent they are not anti-dilutive. A reconciliation of the shares included in the basic and fully diluted earnings per share calculations is as follows:
|  | For the year ended December 31,
|  | 2017 |  | 2016 |  | 2015
Net income |  | $ | (22,399) |  | $ | 10,514 |  | $ | 42,151
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |
Basic |  |  | 39,802 |  |  | 39,719 |  |  | 39,568
Incremental shares with dilutive effect: |  |  |  |  |  |  |  |  |
Restricted stock awards |  |  | — |  |  | 63 |  |  | 168
Diluted |  |  | 39,802 |  |  | 39,782 |  |  | 39,736
Basic income (loss) per share: |  |  |  |  |  |  |  |  |
Total net income (loss) per share |  | $ | (0.56) |  | $ | 0.27 |  | $ | 1.07
Diluted income (loss) per share: |  |  |  |  |  |  |  |  |
Total net income (loss) per share |  | $ | (0.56) |  | $ | 0.27 |  | $ | 1.06

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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