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Basis of Consolidation and Presentation (Tables)
9 Months Ended
Sep. 30, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Calculation of Basic and Diluted Net Income (Loss) per Share

The following table presents information necessary to calculate net income (loss) per share for the three and nine month periods ended September 30, 2015 and 2014 as well as potentially dilutive securities excluded from the weighted average number of diluted common shares outstanding because their inclusion would have been anti-dilutive (in thousands, except per share amounts):

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30,

 

 

September 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

BASIC EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

(225,978

)

 

$

15,976

 

 

$

(235,828

)

 

$

105,081

 

Adjust for (income) loss attributed to holders of non-vested

   restricted stock

 

2,359

 

 

 

(160

)

 

 

2,436

 

 

 

(1,074

)

Income (loss) attributed to common stockholders

$

(223,619

)

 

$

15,816

 

 

$

(233,392

)

 

$

104,007

 

Weighted average number of common shares outstanding,

   excluding non-vested shares of restricted stock

 

145,662

 

 

 

144,798

 

 

 

145,317

 

 

 

143,778

 

Basic net income (loss) per common share

$

(1.54

)

 

$

0.11

 

 

$

(1.61

)

 

$

0.72

 

DILUTED EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) attributed to common stockholders

$

(223,619

)

 

$

15,816

 

 

$

(233,392

)

 

$

104,007

 

Weighted average number of common shares outstanding,

   excluding non-vested shares of restricted stock

 

145,662

 

 

 

144,798

 

 

 

145,317

 

 

 

143,778

 

Add dilutive effect of potential common shares

 

 

 

 

2,193

 

 

 

 

 

 

2,323

 

Weighted average number of diluted common shares

   outstanding

 

145,662

 

 

 

146,991

 

 

 

145,317

 

 

 

146,101

 

Diluted net income (loss) per common share

$

(1.54

)

 

$

0.11

 

 

$

(1.61

)

 

$

0.71

 

Potentially dilutive securities excluded as anti-dilutive

 

7,840

 

 

 

442

 

 

 

7,840

 

 

 

473