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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of earnings per share Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:
Three months ended June 30,
 20202019
LossSharesPer
Share
IncomeSharesPer
Share
(In thousands, except share data)
Basic:
Net (loss) income $(561,068) 159,933,739  $(3.51) $234,956  159,324,909  $1.47  
Effect of dilutive securities:
Stock awards—  —  —  181,917  
Diluted:
Net (loss) income$(561,068) 159,933,739  $(3.51) $234,956  159,506,826  $1.47  
Six months ended June 30,
20202019
LossSharesPer
Share
IncomeSharesPer
Share
(In thousands, except share data)
Basic:
Net (loss) income$(1,078,606) 159,846,981  $(6.75) $297,198  161,064,787  $1.85  
Effect of dilutive securities:
Stock options and awards—  —  —  525,300  
Diluted:
Net (loss) income$(1,078,606) 159,846,981  $(6.75) $297,198  161,590,087  $1.84