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NET (LOSS) INCOME PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2014
NET (LOSS) INCOME PER SHARE  
Schedule of reconciliation of the basic and diluted weighted average number of common shares and the computations for basic income (loss) per share

 

 

Three months ended September 30,

 

Nine months ended September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

(in thousands, except per share)

 

Net (loss) income

 

$
(13,033

)

$
3,264

 

$
(99,168

)

$
(136,399

)

Weighted average common shares (thousands):

 

 

 

 

 

 

 

 

 

Basic

 
297,164

 
297,125

 
297,162

 
297,001

 

Effect of employee stock-based awards

 

—

 
774

 

—

 

—

 

Diluted

 
297,164

 
297,899

 
297,162

 
297,001

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

Basic

 

$
(0.04

)

$
0.01

 

$
(0.33

)

$
(0.46

)

Diluted

 

$
(0.04

)

$
0.01

 

$
(0.33

)

$
(0.46

)