Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited)

v3.6.0.2
Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
The following table summarizes quarterly financial data for the years ended December 31, 2016 and 2015:
 
 
2016
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(In thousands)
Revenues
 
$
156,961

 
$
(28,158
)
 
$
193,691

 
$
63,416

Loss from operations
 
(195,794
)
 
(323,412
)
 
(157,995
)
 
(190,949
)
Income tax (benefit) expense
 
(191
)
 
(157
)
 
(3,407
)
 
842

Net loss
 
(242,267
)
 
(339,776
)
 
(157,296
)
 
(240,370
)
Loss per share:
 
 
 
 
 
 
 
 
Basic
 
$
(2.17
)
 
$
(2.71
)
 
$
(1.25
)
 
$
(1.86
)
Diluted
 
$
(2.17
)
 
$
(2.71
)
 
$
(1.25
)
 
$
(1.86
)
 
 
 
 
 
 
 
 
 
 
 
2015
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(In thousands)
Revenues
 
$
176,077

 
$
112,294

 
$
230,393

 
$
190,226

Income (loss) from operations
 
28,533

 
(21,620
)
 
(529,252
)
 
(812,375
)
Income tax expense (benefit)
 
14,479

 
(17,214
)
 
(216,603
)
 
(36,663
)
Net income (loss)
 
25,519

 
(31,325
)
 
(388,209
)
 
(830,869
)
Income (loss) per share:
 
 
 
 
 
 
 
 
Basic
 
$
0.30

 
$
(0.32
)
 
$
(3.59
)
 
$
(7.67
)
Diluted
 
$
0.30

 
$
(0.32
)
 
$
(3.59
)
 
$
(7.67
)