Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.6.0.2
Earnings Per Share
 12 Months Ended
Dec. 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:
 
 
For the Year Ended December 31,
 
2016
 
2015
 
2014
 
Loss
 
Shares
 
Per
Share
 
Loss
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income 
$
(979,709
)
 
122,952,866

 
$
(7.97
)
 
$
(1,224,884
)
 
99,792,401

 
$
(12.27
)
 
$
247,403

 
85,445,963

 
$
2.90

Effect of dilutive securities:

 

 

 

 

 

 
 
 
 
 
 
Stock options and awards
—

 
—

 

 
—

 
—

 

 
—

 
367,219

 
 
Diluted:

 

 

 

 

 

 
 
 
 
 
 
Net (loss) income
$
(979,709
)
 
122,952,866

 
$
(7.97
)
 
$
(1,224,884
)
 
99,792,401

 
$
(12.27
)
 
$
247,403

 
85,813,182

 
$
2.88


 
There were 539,988 and 449,880 shares of common stock that were considered anti-dilutive for the years ended December 31, 2016 and 2015, respectively. There were no potential shares of common stock that were considered anti-dilutive for the year ended December 31, 2014.