| 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:
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For the Year Ended December 31, |
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2019 |
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2018 |
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2017 |
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Loss |
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Shares |
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Per
Share
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Income |
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Shares |
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Per
Share
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Income |
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Shares |
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Per Share |
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(In thousands, except share data) |
Basic: |
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Net (loss) income |
$ |
(2,002,358 |
) |
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160,341,125 |
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$ |
(12.49 |
) |
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$ |
430,560 |
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174,675,840 |
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$ |
2.46 |
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$ |
435,152 |
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179,834,146 |
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$ |
2.42 |
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Effect of dilutive securities: |
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Stock options and awards |
— |
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— |
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— |
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722,866 |
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— |
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418,878 |
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Diluted: |
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Net (loss) income |
$ |
(2,002,358 |
) |
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160,341,125 |
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$ |
(12.49 |
) |
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$ |
430,560 |
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175,398,706 |
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$ |
2.45 |
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$ |
435,152 |
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180,253,024 |
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$ |
2.41 |
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There were 3,867,084 shares of common stock that were considered anti-dilutive for the year ended December 31, 2019. There were no potential shares of common stock that were considered anti-dilutive for the years ended December 31, 2018 and 2017.
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