Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.8.0.1
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data): 
 
2017
 
2016
 
2015
Numerator:
 
 
 
 
 
Net income (loss)
$
(44,766
)
 
$
3,515

 
$
(25,364
)
Less: distributed loss / distributed and undistributed income (unvested restricted stock)
3

 
30

 
84

Net income (loss) attributable to common shareholders
$
(44,769
)
 
$
3,485

 
$
(25,448
)
 
 
 
 
 
 
Denominator (basic and fully diluted):
 
 
 
 
 
Denominator for basic earnings per share-weighted-average shares
14,838

 
14,631

 
14,546

Basic and fully diluted earnings (loss) per share—common shareholders
$
(3.02
)
 
$
0.24

 
$
(1.75
)