Net Income (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Reconciliation of Basic and Diluted Net Income (Loss) Per Common Share
The following table presents a reconciliation of basic and diluted net income (loss) per common share for the years ended December 31, 2016, 2015 and 2014 (in thousands, except per share data):
 
Years Ended December 31,
 
2016
 
2015
 
2014
Numerator for basic and diluted net income (loss) per common share:
 
 
 
 
 
Income (loss) from continuing operations
$
(194,366
)
 
$
(28,126
)
 
$
48,109

Income (loss) from discontinued operations, net of tax
(33,571
)
 
54,774

 
67,183

Less: Net income attributable to participating securities

 

 

Net income (loss) — used in basic and diluted net income (loss) per common share
$
(227,937
)
 
$
26,648

 
$
115,292

 
 
 
 
 
 
Weighted average common shares outstanding including participating securities
35,489

 
34,437

 
34,286

Less: Weighted average participating securities outstanding
(921
)
 
(149
)
 

Weighted average common shares outstanding — used in basic net income (loss) per common share
34,568

 
34,288

 
34,286

Net dilutive potential common shares issuable:


 
 
 
 
On exercise of options and vesting of restricted stock units
*

 
*

 

Weighted average common shares outstanding — used in diluted net income (loss) per common share
34,568

 
34,288

 
34,286

 
 
 
 
 
 
Net income (loss) per common share:
 
 
 
 
 
Basic
$
(6.59
)
 
$
0.78

 
$
3.36

Diluted
$
(6.59
)
 
$
0.78

 
$
3.36


 
*
Excluded from diluted net income (loss) per common share as their inclusion would have been anti-dilutive.

Schedule of Stock Excluded From Computing Diluted Net Income (Loss) Per Common Share
The following table shows the potential shares of common stock issuable that were excluded from computing diluted net income (loss) per common share as their inclusion would have been anti-dilutive (in thousands):
 
Years Ended December 31,
 
2016
 
2015
 
2014
Net dilutive potential common shares issuable:
 
 
 
 
 
On exercise of options where exercise price is greater than average market value for the period
225

 
62

 
*

On exercise of options and vesting of restricted stock units
50

 
16

 
*

Net dilutive potential common shares issuable
275

 
78

 

 
*
Not applicable for the period.