Gulfport Energy Corporation Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

3 Months Ended

Mar. 31, 2017

EARNINGS PER SHARE

Reconciliations of the components of basic and diluted net income (loss) per common share are presented in the tables below:



	Three months ended March 31,
	2017					2016
	Income		Shares	Per Share		(Loss)			Shares	Per Share
	(In thousands, except share data)
Basic:
Net income (loss)	$	154,455	170,272,685	$	0.91	$	(242,267	)	111,509,585	$	(2.17	)
Effect of dilutive securities:
Stock options and awards	—		215,834			—			—
Diluted:			—
Net income (loss)	$	154,455	170,488,519	$	0.91	$	(242,267	)	111,509,585	$	(2.17	)

There were 650,606 shares of common stock that were considered anti-dilutive for the three months ended March 31, 2016.