Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited) (Tables)

v3.3.1.900
Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
The following table summarizes quarterly financial data for the years ended December 31, 2015 and 2014:
 
 
 
2015
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(In thousands)
Revenues
 
$
176,317

 
$
112,270

 
$
230,569

 
$
190,319

Income (loss) from operations
 
28,773

 
(21,644
)
 
(529,076
)
 
(812,282
)
Income tax expense (benefit)
 
14,479

 
(17,214
)
 
(216,603
)
 
(36,663
)
Net income (loss)
 
25,519

 
(31,325
)
 
(388,209
)
 
(830,869
)
Income (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.30

 
$
(0.32
)
 
$
(3.59
)
 
$
(7.67
)
Diluted
 
$
0.30

 
$
(0.32
)
 
$
(3.59
)
 
$
(7.67
)
 
 
 
 
 
 
 
 
 
 
 
2014
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(In thousands)
Revenues
 
$
118,029

 
$
114,736

 
$
170,804

 
$
267,697

Income from operations
 
25,109

 
18,110

 
53,454

 
129,458

Income tax expense
 
49,247

 
31,461

 
4,876

 
67,757

Net income
 
82,558

 
47,852

 
6,920

 
110,073

Income per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.97

 
$
0.56

 
$
0.08

 
$
1.29

Diluted
 
$
0.96

 
$
0.56

 
$
0.08

 
$
1.28