Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.4.0.3
Earnings Per Share
 3 Months Ended
Mar. 31, 2016
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 March 31,
 
2016
 
2015
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income 
$
(242,267
)
 
111,509,585

 
$
(2.17
)
 
$
25,519

 
85,679,606

 
$
0.30

Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
440,424

 

Diluted:

 

 

 

 

 

Net (loss) income
$
(242,267
)
 
111,509,585

 
$
(2.17
)
 
$
25,519

 
86,120,030

 
$
0.30


There were 650,606 shares of common stock that were considered anti-dilutive for the three months ended March 31, 2016. There were no potential shares of common stock that were considered anti-dilutive for the three months ended March 31, 2015.