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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule of earnings (loss) per share, basic and diluted
The following is a reconciliation of the calculation of basic and diluted earnings per share (in thousands, except share and per share data):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Numerator:
 
 
 
 
 
 
 
Income from continuing operations
$
43,808

 
$
7,679

 
$
99,762

 
$
16,999

Income from discontinued operations

 
885

 

 
2,510

Net income
$
43,808

 
$
8,564

 
$
99,762

 
$
19,509

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding—basic
195,796,772

 
195,546,384

 
195,733,185

 
195,455,225

Effect of dilutive securities:
 
 
 
 
 
 
 
Unvested restricted common stock
215,834

 
151,878

 
193,477

 
119,848

Unexercised stock appreciation rights
7,512

 

 

 

Shares related to unvested MSUs and PSUs
414,655

 
162,099

 
414,655

 
171,950

Weighted-average number of common shares outstanding—diluted
196,434,773

 
195,860,361

 
196,341,317

 
195,747,023

Basic earnings per share:


 
 
 


 


Continuing operations
$
0.22

 
$
0.04

 
$
0.51

 
$
0.09

Discontinued operations

 
0.00

 

 
0.01

Total
$
0.22

 
$
0.04

 
$
0.51

 
$
0.10

Diluted earnings per share:
 
 
 
 
 
 
 
Continuing operations
$
0.22

 
$
0.04

 
$
0.51

 
$
0.09

Discontinued operations

 
0.00

 

 
0.01

Total
$
0.22

 
$
0.04

 
$
0.51

 
$
0.10