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Earnings (Loss) per Share (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Calculation of Weighted Average Common Shares Outstanding Used in Computation of Diluted Loss Per Share The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted earnings (loss) per share:
 
Net Income (Loss)
 
Weighted Average Shares
 
Earnings (Loss) Per Share
 
(In thousands, except per share amounts)
Three Months Ended June 30, 2017 (Successor)
 
 
 
 
 
Basic earnings per share
$
23,499

 
34,076

 
$
0.69

Effect of dilutive securities
 
 
 
 
 
Restricted stock awards
—

 
55

 
 
Performance share units
—

 
7

 
 
Diluted earnings per share
$
23,499

 
34,138

 
$
0.69

 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2016 (Predecessor)
 
 
 
 
 
Basic loss per share
$
(521,351
)
 
718,102

 
$
(0.73
)
Effect of dilutive securities
 
 
 
 
 
Restricted stock and units(1)
—

 
—

 
 
Diluted loss per share
$
(521,351
)
 
718,102

 
$
(0.73
)
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2017 (Successor)
 
 
 
 
 
Basic earnings per share
$
74,307

 
30,458

 
$
2.44

Effect of dilutive securities
 
 
 
 
 
Restricted stock awards
—

 
192

 
 
Performance share units(2)
—

 
—

 
 
Diluted earnings per share
$
74,307

 
30,650

 
$
2.42

 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2016 (Predecessor)
 
 
 
 
 
Basic loss per share
$
(845,458
)
 
703,943

 
$
(1.20
)
Effect of dilutive securities
 
 
 
 
 
Restricted stock and units(1)
—

 
—

 
 
Diluted loss per share
$
(845,458
)
 
703,943

 
$
(1.20
)
____________________
(1)
No incremental shares of potentially dilutive restricted stock awards or units were included for the three and six-month periods ended June 30, 2016 as their effect was antidilutive under the treasury stock method. See Note 11 for discussion of the Company’s share and incentive-based compensation awards.
(2)
No incremental shares of potentially dilutive performance share units were included for the six-month period ended June 30, 2017, as their effect was antidilutive under the treasury stock method. See Note 11 for discussion of the Company’s share and incentive-based compensation awards.