Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.3.0.814
Earnings Per Share
 9 Months Ended
Sep. 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 September 30,
 
2015
 
2014
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income 
$
(388,209
)
 
108,217,062

 
$
(3.59
)
 
$
6,920

 
85,506,095

 
$
0.08

Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
401,212

 

Diluted:

 

 

 

 

 

Net (loss) income
$
(388,209
)
 
108,217,062

 
$
(3.59
)
 
$
6,920

 
85,907,307

 
$
0.08



 
Nine months ended September 30,
 
2015
 
2014
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income 
$
(394,015
)
 
96,935,897

 
$
(4.06
)
 
$
137,330

 
85,405,630

 
$
1.61

Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
Stock options and awards
—

 
—

 
 
 
—

 
384,803

 
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
$
(394,015
)
 
96,935,897

 
$
(4.06
)
 
$
137,330

 
85,790,433

 
$
1.60



     There were 510,605 shares and 462,801 shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2015, respectively. There were no potential shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2014.