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Net Income per Share (Tables)
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Attributable to Common Shareholders and Weighted Average Common Shares Outstanding
The computations of basic and diluted earnings per share are as follows:
 
Second Quarter
 
First Six Months
 
2015
 
2014
 
2015
 
2014
 
(In thousands)
Numerator:
 
 
 
 
 
 
 
Consolidated net income (loss)
$
(34,318
)
 
$
14,748

 
$
(42,555
)
 
$
23,755

Less: Net loss (income) attributable to noncontrolling interest
(189
)
 
74

 
(110
)
 
(599
)
Earnings (loss) available for diluted earnings per share
$
(34,507
)
 
$
14,822

 
$
(42,665
)
 
$
23,156

Less: Undistributed net income allocated to participating securities
—

 
(2,689
)
 
—

 
(4,205
)
Earnings (loss) available to common shareholders for basic earnings per share
$
(34,507
)
 
$
12,133

 
$
(42,665
)
 
$
18,951

 
 
 
 
 


 


Denominator:
 
 
 
 


 


Weighted average common shares outstanding — basic
34,278

 
35,458

 
34,223

 
35,407

Weighted average common shares upon conversion of participating securities (a)
—

 
7,857

 
—

 
7,857

Dilutive effect of stock options, restricted stock and equity-settled awards
—

 
373

 
—

 
426

Total weighted average shares outstanding — diluted
34,278

 
43,688

 
34,223

 
43,690

Anti-dilutive awards excluded from diluted weighted average shares
10,829

 
2,503

 
10,786

 
2,277


___________________
(a) 
Our earnings per share calculation reflects the weighted average shares issuable upon settlement of the prepaid stock purchase contract component of our 6.00% tangible equity units, issued November 27, 2013.