Annual report pursuant to Section 13 and 15(d)

Earnings Per Share

v3.8.0.1
Earnings Per Share
 12 Months Ended
Dec. 31, 2017
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,
 
2017
 
2016
 
2015
 
Income
 
Shares
 
Per
Share
 
Loss
 
Shares
 
Per
Share
 
Loss
 
Shares
 
Per Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
435,152

 
179,834,146

 
$
2.42

 
$
(979,709
)
 
122,952,866

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

 
$
(12.27
)
Effect of dilutive securities:

 

 

 

 

 

 
 
 
 
 
 
Stock options and awards
—

 
418,878

 

 
—

 
—

 

 
—

 
—

 
 
Diluted:

 

 

 

 

 

 
 
 
 
 
 
Net income (loss)
$
435,152

 
180,253,024

 
$
2.41

 
$
(979,709
)
 
122,952,866

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

 
$
(12.27
)

 
There were no potential shares of common stock that were considered anti-dilutive for the year ended December 31, 2017. There were 539,988 and 449,880 shares of common stock that were considered anti-dilutive for the years ended 2016 and 2015, respectively.