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(Loss) Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Calculation of Weighted Average Common Shares Outstanding Used in Computation of Diluted (Loss) Earnings Per Share The following table summarizes the calculation of weighted average common shares outstanding used in the computation of diluted (loss) earnings per share:
 
Net (Loss) Income
 
Weighted Average Shares
 
(Loss) Earnings Per Share
 
(In thousands, except per share amounts)
Three Months Ended September 30, 2017 (Successor)
 
 
 
 
 
Basic loss per share
$
(8,485
)
 
34,290

 
$
(0.25
)
Effect of dilutive securities
 
 
 
 
 
Restricted stock awards(1)
—

 
—

 
 
Performance share units(1)
—

 
—

 
 
Diluted loss per share
$
(8,485
)
 
34,290

 
$
(0.25
)
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2016 (Predecessor)
 
 
 
 
 
Basic loss per share
$
(404,337
)
 
718,373

 
$
(0.56
)
Effect of dilutive securities
 
 
 
 
 
Restricted stock and units(2)
—

 
—

 
 
Diluted loss per share
$
(404,337
)
 
718,373

 
$
(0.56
)
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2017 (Successor)
 
 
 
 
 
Basic earnings per share
$
65,822

 
31,750

 
$
2.07

Effect of dilutive securities
 
 
 
 
 
Restricted stock awards
—

 
234

 
 
Performance share units(3)
—

 
—

 
 
Diluted earnings per share
$
65,822

 
31,984

 
$
2.06

 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016 (Predecessor)
 
 
 
 
 
Basic loss per share
$
(1,249,795
)
 
708,788

 
$
(1.76
)
Effect of dilutive securities
 
 
 
 
 
Restricted stock and units(2)
—

 
—

 
 
Diluted loss per share
$
(1,249,795
)
 
708,788

 
$
(1.76
)
____________________
(1)
Restricted stock awards covering 0.1 million shares and performance share units covering an insignificant amount of shares for the three-month period ended September 30, 2017, were excluded from the computation of loss per share because their effect would have been antidilutive. See Note 12 for discussion of the Company’s share and incentive-based compensation awards.
(2)
No incremental shares of potentially dilutive restricted stock awards or units were included for the three and nine-month periods ended September 30, 2016, as their effect was antidilutive under the treasury stock method. See Note 12 for discussion of the Company’s share and incentive-based compensation awards.
(3)
No incremental shares of potentially dilutive performance share units were included for the nine-month period ended September 30, 2017, as their effect was antidilutive under the treasury stock method. See Note 12 for discussion of the Company’s share and incentive-based compensation awards.