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Basis of Consolidation and Presentation (Tables)
6 Months Ended
Jun. 30, 2016
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Calculation of Basic and Diluted Net Loss per Share

The following table presents information necessary to calculate net loss per share for the three and six month periods ended June 30, 2016 and 2015 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

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

BASIC EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

$

(85,866

)

 

$

(18,975

)

 

$

(156,369

)

 

$

(9,850

)

Adjust for loss attributed to holders of non-vested restricted stock

 

846

 

 

 

198

 

 

 

1,526

 

 

 

109

 

Loss attributed to other common stockholders

$

(85,020

)

 

$

(18,777

)

 

$

(154,843

)

 

$

(9,741

)

Weighted average number of common shares outstanding, excluding

   non-vested shares of restricted stock

 

145,944

 

 

 

145,300

 

 

 

145,857

 

 

 

145,142

 

Basic net loss per common share

$

(0.58

)

 

$

(0.13

)

 

$

(1.06

)

 

$

(0.07

)

DILUTED EPS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss attributed to other common stockholders

$

(85,020

)

 

$

(18,777

)

 

$

(154,843

)

 

$

(9,741

)

Weighted average number of common shares outstanding, excluding

   non-vested shares of restricted stock

 

145,944

 

 

 

145,300

 

 

 

145,857

 

 

 

145,142

 

Add dilutive effect of potential common shares

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average number of diluted common shares outstanding

 

145,944

 

 

 

145,300

 

 

 

145,857

 

 

 

145,142

 

Diluted net loss per common share

$

(0.58

)

 

$

(0.13

)

 

$

(1.06

)

 

$

(0.07

)

Potentially dilutive securities excluded as anti-dilutive

 

9,370

 

 

 

8,208

 

 

 

9,370

 

 

 

8,208