Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.5.0.2
Earnings Per Share
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Reconciliations of the components of basic and diluted net loss per common share are presented in the tables below:
 
Three months ended June 30,
 
2016
 
2015
 
Loss
 
Shares
 
Per
Share
 
Loss
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net loss
$
(339,776
)
 
125,343,723

 
$
(2.71
)
 
$
(31,325
)
 
96,663,358

 
$
(0.32
)
Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
—

 

Diluted:

 

 

 

 

 

Net loss
$
(339,776
)
 
125,343,723

 
$
(2.71
)
 
$
(31,325
)
 
96,663,358

 
$
(0.32
)

 
Six months ended June 30,
 
2016
 
2015
 
Loss
 
Shares
 
Per
Share
 
Loss
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net loss
$
(582,043
)
 
118,426,654

 
$
(4.91
)
 
$
(5,806
)
 
91,201,824

 
$
(0.06
)
Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
—

 

Diluted:

 

 

 

 

 

Net loss
$
(582,043
)
 
118,426,654

 
$
(4.91
)
 
$
(5,806
)
 
91,201,824

 
$
(0.06
)

There were 573,187 and 558,894 shares of common stock that were considered anti-dilutive for the three and six months ended June 30, 2016, respectively. There were 378,550 and 382,494 shares of common stock that were considered anti-dilutive for the three and six months ended June 30, 2015, respectively.