Basic and diluted earnings (loss) per common share are as follows (in thousands, except per share data): | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | 2015 | | 2014 | | 2015 | | 2014 | Net income (loss) - Basic and Diluted | $ | 1,975 |
| | $ | 14,272 |
| | $ | (12,087 | ) | | $ | 37,330 |
| | | | | | | | | Weighted average common shares outstanding - Basic | 54,578 |
| | 54,789 |
| | 54,430 |
| | 54,464 |
| Assumed conversions: | | | | | | | | Incremental common shares from warrants | — |
| | — |
| | — |
| | 162 |
| Incremental common shares from stock options | 345 |
| | 867 |
| | — |
| | 901 |
| Incremental common shares from restricted stock units | 24 |
| | 34 |
| | — |
| | 9 |
| Weighted average common shares outstanding - Diluted | 54,947 |
| | 55,690 |
| | 54,430 |
| | 55,536 |
| | | | | | | | | Basic earnings (loss) per common share | $ | 0.04 |
| | $ | 0.26 |
| | $ | (0.22 | ) | | $ | 0.69 |
| Diluted earnings (loss) per common share | $ | 0.04 |
| | $ | 0.26 |
| | $ | (0.22 | ) | | $ | 0.67 |
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