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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Significant Accounting Tables Policies [Abstract]  
Schedule Of Earnings Per Share

The following table provides a reconciliation of components of basic and diluted net income per common share:

 

 

 

 

 

December 31,

 

 

2016

 

 

2015

 

 

2014

 

Net income

 

$

56,151

 

 

$

(3,207,220

)

 

$

542,851

 

Weighted average common shares outstanding during the period

 

 

153,378

 

 

 

153,192

 

 

 

153,136

 

Effect of dilutive instruments

 

 

703

 

 

 

 

 

 

1,558

 

Weighted average common shares outstanding during the

   period including the effects of dilutive instruments

 

 

154,081

 

 

 

153,192

 

 

 

154,694

 

Net income per common share — basic

 

$

0.37

 

 

$

(20.94

)

 

$

3.54

 

Net income per common share — fully diluted

 

$

0.36

 

 

$

(20.94

)

 

$

3.51

 

Number of shares not included in dilutive earnings per

   share that would have been anti-dilutive because the

   exercise price was greater than the average market price

   of the common shares

 

 

1,437

 

 

 

 

 

 

1,377

 

(1)

Due to the net loss for the year ended December 31, 2015, 1.7 million shares for options and restricted stock units were anti-dilutive and excluded from the computation of net loss per share.