Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.5.0.2
Earnings Per Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share
EARNINGS PER SHARE
Reconciliations of the components of basic and diluted net loss per common share are presented in the tables below:
 
Three months ended September 30,
 
2016
 
2015
 
Loss
 
Shares
 
Per
Share
 
Loss
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net loss
$
(157,296
)
 
125,408,866

 
$
(1.25
)
 
$
(388,209
)
 
108,217,062

 
$
(3.59
)
Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
—

 

Diluted:

 
—

 

 

 

 

Net loss
$
(157,296
)
 
125,408,866

 
$
(1.25
)
 
$
(388,209
)
 
108,217,062

 
$
(3.59
)

 
Nine months ended September 30,
 
2016
 
2015
 
Loss
 
Shares
 
Per
Share
 
Loss
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net loss
$
(739,339
)
 
120,771,046

 
$
(6.12
)
 
$
(394,015
)
 
96,935,897

 
$
(4.06
)
Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
—

 

Diluted:

 
—

 

 

 

 

Net loss
$
(739,339
)
 
120,771,046

 
$
(6.12
)
 
$
(394,015
)
 
96,935,897

 
$
(4.06
)

There were 603,068 and 598,753 shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2016, respectively. There were 510,605 and 462,801 shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2015, respectively.