Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share
Earnings (Loss) Per Share
The Company calculates basic income (loss) per share by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Shares issuable upon the satisfaction of certain conditions are considered outstanding and included in the computation of basic loss per share.
The following table shows the computation of income (loss) per share (net income (loss) in thousands):
 
 
Year Ended 
 December 31, 2014
 
Year Ended 
 December 31, 2013
 
Year Ended 
 December 31, 2012
Net income (loss) attributable to common shareholders
$
(10,292
)
 
$
9,657

 
$
12,435

Basic weighted average shares outstanding
13,800,494

 
11,221,005

 
6,981,027

Dilutive effect of stock-based awards

 
53,419

 

Dilutive effect of Series A Preferred Stock

 
560,082

 

Dilutive weighted average shares outstanding
13,800,494

 
11,834,506

 
6,981,027

Basic earnings (loss) per share
$
(0.75
)
 
$
0.86

 
$
1.78

Diluted earnings (loss) per share
$
(0.75
)
 
$
0.82

 
$
1.78

Antidilutive common stock equivalents excluded from diluted earnings (loss) per share
18,169

 
16,458

 
158,557