Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.19.3.a.u2
Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:
 
For the Year Ended December 31,
 
2019
 
2018
 
2017
 
Loss
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
$
(2,002,358
)
 
160,341,125

 
$
(12.49
)
 
$
430,560

 
174,675,840

 
$
2.46

 
$
435,152

 
179,834,146

 
$
2.42

Effect of dilutive securities:

 

 

 

 

 

 
 
 
 
 
 
Stock options and awards

 

 

 

 
722,866

 

 

 
418,878

 
 
Diluted:

 

 

 

 

 

 
 
 
 
 
 
Net (loss) income
$
(2,002,358
)
 
160,341,125

 
$
(12.49
)
 
$
430,560

 
175,398,706

 
$
2.45

 
$
435,152

 
180,253,024

 
$
2.41


There were 3,867,084 shares of common stock that were considered anti-dilutive for the year ended December 31, 2019. There were no potential shares of common stock that were considered anti-dilutive for the years ended December 31, 2018 and 2017.