Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.8.0.1
Earnings Per Share
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
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 September 30,
 
2017
 
2016
 
Income
 
Shares
 
Per
Share
 
(Loss)
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
18,235

 
182,957,416

 
$
0.10

 
$
(157,296
)
 
125,408,866

 
$
(1.25
)
Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
51,020

 

 
—

 
—

 

Diluted:

 
—

 

 

 
0
 

Net income (loss)
$
18,235

 
183,008,436

 
$
0.10

 
$
(157,296
)
 
125,408,866

 
$
(1.25
)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30,
 
2017
 
2016
 
Income
 
Shares
 
Per
Share
 
(Loss)
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
278,626

 
178,736,569

 
$
1.56

 
$
(739,339
)
 
120,771,046

 
$
(6.12
)
Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
394,001

 

 
—

 
—

 

Diluted:

 
—

 

 

 
—

 

Net income (loss)
$
278,626

 
179,130,570

 
$
1.56

 
$
(739,339
)
 
120,771,046

 
$
(6.12
)

There were 603,068 and 598,753 shares of common stock that were considered anti-dilutive for the three months and nine months ended September 30, 2016, respectively.