Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.2.0.727
Earnings Per Share
 6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:
 
 
Three months ended June 30,
 
2015
 
2014
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income 
$
(31,325
)
 
96,663,358

 
$
(0.32
)
 
$
47,852

 
85,448,678

 
$
0.56

Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
357,218

 

Diluted:

 

 

 

 

 

Net (loss) income
$
(31,325
)
 
96,663,358

 
$
(0.32
)
 
$
47,852

 
85,805,896

 
$
0.56



 
Six months ended June 30,
 
2015
 
2014
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income 
$
(5,806
)
 
91,201,824

 
$
(0.06
)
 
$
130,410

 
85,354,566

 
$
1.53

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options and awards
—

 
—

 
 
 
—

 
412,113

 
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
$
(5,806
)
 
91,201,824

 
$
(0.06
)
 
$
130,410

 
85,766,679

 
$
1.52



     There were 378,550 shares and 382,494 shares of common stock that were considered anti-dilutive for the three and six months ended June 30, 2015, respectively. There were no potential shares of common stock that were considered anti-dilutive for the three and six months ended June 30, 2014.