Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (Unaudited) (Tables)

v3.6.0.2
Selected Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
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
)