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Earnings Per Share Earnings Per Share (Notes)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
9. Earnings Per Share
Supplemental income (loss) from continuing operations per common share information is provided below:
 
 
 Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2015
 
2014
 
2015
 
2014
 
 
(In thousands, except per share amounts)
Income (Loss) from Continuing Operations
 

($46,970
)
 

$3,214

 

($68,446
)
 

$9,835

Basic weighted average common shares outstanding
 
51,225

 
45,213

 
48,827

 
45,109

Effect of dilutive instruments
 

 
945

 

 
879

Diluted weighted average common shares outstanding
 
51,225

 
46,158

 
48,827

 
45,988

Income (Loss) from Continuing Operations Per Common Share
 
 
 
 
 
 
 
 
Basic
 

($0.92
)
 

$0.07

 

($1.40
)
 

$0.22

Diluted
 

($0.92
)
 

$0.07

 

($1.40
)
 

$0.21


Basic income (loss) from continuing operations per common share is based on the weighted average number of shares of common stock outstanding during the period. Diluted income (loss) from continuing operations per common share is based on the weighted average number of common shares and all potentially dilutive common shares outstanding during the period which include restricted stock awards and units, performance share awards, stock options and warrants. When a loss from continuing operations exists, all potentially dilutive common shares outstanding are anti-dilutive and therefore excluded from the calculation of diluted weighted average shares outstanding.
For the three and six months ended June 30, 2015, the calculation of diluted weighted average common shares outstanding excluded the anti-dilutive effect of 0.7 million shares of restricted stock awards and units, performance share awards, options and warrants due to the loss from continuing operations. For the three and six months ended June 30, 2014, the number of shares of restricted stock awards and units, performance share awards, options and warrants excluded were insignificant.