Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.20.2
EARNINGS PER SHARE
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHAREReconciliations of the components of basic and diluted net income per common share are presented in the tables below:
Three months ended June 30,
  2020 2019
Loss Shares Per
Share		 Income Shares Per
Share
(In thousands, except share data)
Basic:
Net (loss) income $ (561,068)   159,933,739    $ (3.51)   $ 234,956    159,324,909    $ 1.47   
Effect of dilutive securities:
Stock awards —    —    —    181,917   
Diluted:
Net (loss) income $ (561,068)   159,933,739    $ (3.51)   $ 234,956    159,506,826    $ 1.47   
Six months ended June 30,
2020 2019
Loss Shares Per
Share		 Income Shares Per
Share
(In thousands, except share data)
Basic:
Net (loss) income $ (1,078,606)   159,846,981    $ (6.75)   $ 297,198    161,064,787    $ 1.85   
Effect of dilutive securities:
Stock options and awards —    —    —    525,300   
Diluted:
Net (loss) income $ (1,078,606)   159,846,981    $ (6.75)   $ 297,198    161,590,087    $ 1.84   

There were 1,281,773 and 1,610,572 shares of common stock that were considered anti-dilutive for the three and six months ended June 30, 2020, respectively. There were no potential shares of common stock that were considered anti-dilutive for the three and six months ended June 30, 2019.