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Net Income (Loss) Per Common Share (Tables)
9 Months Ended
Sep. 30, 2016
Components of Basic and Diluted Net Income (Loss) Per Common Share Computations

The following tables summarize the components of the basic and diluted net income (loss) per common share computations:

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2016      2015     2016      2015  

Basic EPS:

          

Net income (loss) (numerator)

   $ 126,520       $ (31,857   $ 71,690       $ (91,426
  

 

 

    

 

 

   

 

 

    

 

 

 

Weighted average common shares (denominator)

     478,137         405,199        454,188         401,734   
  

 

 

    

 

 

   

 

 

    

 

 

 

Net income (loss) per share

   $ 0.26       $ (0.08   $ 0.16       $ (0.23
  

 

 

    

 

 

   

 

 

    

 

 

 

Diluted EPS:

          

Net income (loss) (numerator)

   $ 126,520       $ (31,857   $ 71,690       $ (91,426
  

 

 

    

 

 

   

 

 

    

 

 

 

Weighted average common shares

     478,137         405,199        454,188         401,734   

Effect of dilutive securities - common shares issuable

     4,607         —          178         —     
  

 

 

    

 

 

   

 

 

    

 

 

 

Adjusted weighted average common shares (denominator)

     482,744         405,199        454,366         401,734   
  

 

 

    

 

 

   

 

 

    

 

 

 

Net income (loss) per share

   $ 0.26       $ (0.08   $ 0.16       $ (0.23