EARNINGS PER COMMON SHARE (Tables)

6 Months Ended

Jun. 30, 2019

The following represents the calculation of earnings (loss) per share (in thousands, except per share amounts):


	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Basic:
Net income (loss)	$	(640,844)	$	(16,274)	$	(977,403)	$	(18,872)
Weighted average basic number of common shares outstanding		159,050		157,943		158,801		155,925
Basic net income (loss) per share of common stock	$	(4.03)	$	(0.10)	$	(6.15)	$	(0.12)
Diluted:
Net income (loss)	$	(640,844)	$	(16,274)	$	(977,403)	$	(18,872)
Weighted average basic number of common shares outstanding		159,050		157,943		158,801		155,925
Common stock equivalent shares representing shares issuable upon:
Exercise of stock options		Anti-dilutive		Anti-dilutive		Anti-dilutive		Anti-dilutive
Exercise of warrants		Anti-dilutive		Anti-dilutive		Anti-dilutive		Anti-dilutive
Vesting of restricted shares		Anti-dilutive		Anti-dilutive		Anti-dilutive		Anti-dilutive
Weighted average diluted number of common shares outstanding		159,050		157,943		158,801		155,925
Diluted net income (loss) per share of common stock	$	(4.03)	$	(0.10)	$	(6.15)	$	(0.12)