Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.19.3.a.u2
EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE ER SHARE
Reconciliations of the components of basic and diluted net income per common share are presented in the tables below:
 
Three months ended September 30,
 
2019
 
2018
 
Loss
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income (as restated)
$
(484,802
)
 
159,548,477

 
$
(3.04
)
 
$
95,150

 
173,057,538

 
$
0.55

Effect of dilutive securities:

 

 

 

 

 

Stock options and awards
—

 
—

 

 
—

 
247,376

 

Diluted:

 

 

 

 

 

Net (loss) income (as restated)
$
(484,802
)
 
159,548,477

 
$
(3.04
)
 
$
95,150

 
173,304,914

 
$
0.55


 
Nine months ended September 30,
 
2019
 
2018
 
Income
 
Shares
 
Per
Share
 
Income
 
Shares
 
Per
Share
 
(In thousands, except share data)
Basic:
 
 
 
 
 
 
 
 
 
 
 
Net (loss)income (as restated)
$
(187,604
)
 
160,553,796

 
$
(1.17
)
 
$
296,559

 
175,776,312

 
$
1.69

Effect of dilutive securities:

 

 

 
 
 

 

Stock options and awards (as restated)
—

 
—

 

 
—

 
664,149

 

Diluted:

 

 

 
 
 

 

Net (loss) income (as restated)
$
(187,604
)
 
160,553,796

 
$
(1.17
)
 
$
296,559

 
176,440,461

 
$
1.68



There were 2,073,638 and 4,266,206 (as restated) shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2019, respectively. There were no potential shares of common stock that were considered anti-dilutive for the three and nine months ended September 30, 2018.