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Supplemental Selected Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Supplemental Selected Quarterly Financial Data (Unaudited)

Note 14. Supplemental Selected Quarterly Financial Data (Unaudited)

 

 

 

Three Months Ended,

 

(In thousands, except per share data)

 

March 31,

2015

 

 

June 30,

2015

 

 

September 30,

2015

 

 

December 31,

2015

 

Year Ended December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oil and gas revenues

 

$

11,242

 

 

$

14,958

 

 

$

13,033

 

 

$

8,231

 

Other revenues

 

 

78

 

 

 

1,775

 

 

 

47

 

 

 

26

 

Operating expenses

 

 

13,618

 

 

 

16,452

 

 

 

15,675

 

 

 

152,874

 

Operating (loss) income

 

 

(2,298

)

 

 

281

 

 

 

(2,595

)

 

 

(144,617

)

Other income (expense), net

 

 

599

 

 

 

(1,324

)

 

 

5,124

 

 

 

1,733

 

Income tax benefit (expense)

 

 

585

 

 

 

295

 

 

 

(811

)

 

 

26,373

 

Net (loss) income

 

$

(1,114

)

 

$

(748

)

 

$

1,718

 

 

$

(116,511

)

Basic and diluted net (loss) income

   per share

 

$

(0.08

)

 

$

(0.05

)

 

$

0.12

 

 

$

(8.42

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended,

 

(In thousands, except per share data)

 

March 31,

2014

 

 

June 30,

2014

 

 

September 30,

2014

 

 

December 31,

2014

 

Year Ended December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Oil and gas revenues

 

$

11,577

 

 

$

12,059

 

 

$

11,957

 

 

$

12,018

 

Other revenues

 

 

109

 

 

 

86

 

 

 

98

 

 

 

90

 

Operating expenses

 

 

7,777

 

 

 

9,191

 

 

 

10,204

 

 

 

31,407

 

Operating income (loss)

 

 

3,909

 

 

 

2,954

 

 

 

1,851

 

 

 

(19,299

)

Other (expense) income, net

 

 

(1,169

)

 

 

(1,424

)

 

 

2,363

 

 

 

4,086

 

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

(22,105

)

Net income (loss)

 

$

2,740

 

 

$

1,530

 

 

$

4,214

 

 

$

(37,318

)

Basic and diluted net income (loss)

   per share

 

$

0.30

 

 

$

0.17

 

 

$

0.46

 

 

$

(3.83

)